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tax_man

11/02/07 10:35 AM

#22214 RE: pokerdv8 #22203

Not sure who here could know the answer to that, poker. The specific share structure and merger exchange rate are still up in the air. I will say that I'll bet anyone here that it won't be a straight 1:1 exchange for free trading shares, current Paivis shares for TCHH shares, at $1.30 each. I strongly believe there will either be strings attached like a restriction period on the TCHH preferred shares or a share adjustment based on the valuation process. Just my opinion.