Replies to post #116 on Wialan Technologies Inc (WLAN)

[Sportsjunkie]

in case you missed it i stepped down as moderator because
sometimes you dont mix business with personal relationships and
this right now has more to do with whether people will get there 100 shares than anything about the actual company...





Disclaimer-i buy stocks on the advice of my lucky eight ball,please seek the advice of your owns balls before buying anything ....>

[Argonath]

If there is no documentation designating a 'by this date' deliniation, then the Ex date is the ONLY one that has legal standing.

One, the market should have ceased trading of the stock since any buys/sells after the fact would have been moot. But since there is no such documentation EXCEPT the Ex-date filing, then trading is legal and valid up until the end of the Ex-date.

And anyone who shorted shares and didnt cover by the Ex date is liable for ALL repurcussions due to the action. (Divy, R/S, F/S) etc...

In fact, if an MM sold one share to a shareholder that was of a shorted nature, and would become 100 shares post split... the shorting entity is now responsible for all 100 shares.