Replies to post #358 on AICI Capital Trust 9% Pfd (fka AICPQ)

[Enterprising Investor]

Can you please provide sourcing?

Thank you.

EI

[Enterprising Investor]

We’ve been waiting such a long time.

For me, the initial distribution of $.375820 per share represents a 200 percent return on my average cost of $.125124 with more cash to come next year.

If only shares had not been delisted, I would have owned more than 3 percent of outstanding shares because the market price would have certainly continued to decline over time and I would have continued to average down.