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Santa Barbara Broker

11/24/09 5:00 PM

#51538 RE: Santa Barbara Broker #51536

Sorry for the math error in the previous post...that would be 10.9M shares left over after the dividend to EXPH shareholders from "etc's" remaining A/S NOT 18.9M shares. Long day....I apologize for any misunderstanding!

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zinn21

11/24/09 5:19 PM

#51541 RE: Santa Barbara Broker #51536

Nice post. I just can't get my hands around who benefits from this spinoff. JD or shareholders?
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xanada

11/24/09 5:32 PM

#51543 RE: Santa Barbara Broker #51536

<<<It shall also leave approximately 9M shares of the old company remaining in the A/S till for EXPH.>>>

Why would the EXPH shares A/S change in number?

The PR only said that ETC shares would be issued to existing EXPH shareholders of record on the given date....it made no mention of EXPH share numbers changing, at least not that I could see in it.
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Braden32601

11/25/09 1:43 AM

#51586 RE: Santa Barbara Broker #51536

I would aks those questions next week at the shareholder meeting or have someone else do it. thanks