Replies to post #135351 on The Golden Lounge

[rbl100]

:-)

[ottoman]

so we've put to rest the whole "needing to possess a certificate" thing? Hope so. we shall see :) I bought 1 share

[ottoman]

LGYH: EMAIL from my broker 5 minutes ago...

REGARDING: CLRX / LGYH shares

company trying to change the terms of the R/S after the fact? (like MCII) LOL


Dear Mr. Boutros Boutros-Ghali,


Thank you for contacting TradeKing regarding the merger between CLRX and LGYH.



I double checked the terms through DTC (Depository Trust Company). They handle for the entire industry the moving of shares from one place to another, for the sake of settling trades and also corporate reorganizations, splits, and reverse splits like this. They act in accordance with the terms delivered to them from the actual company.



In this particular case the terms are as follows:



1. Holders of less than 100 shares will be exchanged at a 1 to 1 ratio.



These terms are delivered directly from the company. In your particular situation, your account will receive 1 shares of the new company once we receive them from DTC.



I hope that helps answers your questions. I would suggest following up directly with the company if you still have additional questions.



Sincerely



David xxxxxxxx

TradeKing