LOL.... wanna start another lesson on x-date and record date? The PR always trick people, but this time, even if people argue that you need three days of settlement date, it will still work... 12th, 13th, and 16th...
...even nasdaqtrader has an special link for x-date, it shows the importance of x-date.
Holders of the Company's common stock will receive one
unit of beneficial interest in the Trust (a "Trust Unit") for each share of the Company's
common stock held on July 16, 2001, the record date for this distribution (the "Record
Date"). The Company estimates that the value of the distribution will be between $0.12 and
$0.18 per Trust Unit.
17:16
THCG
THCG Inc
07/06/2001
+stk
07/12/2001(x-date)
07/16/2001(r-date)
07/16/2001(p-date)
+1 Liquidating Trust Unit for each share held.
signed,
Bernard