It will pay for both past and present shareholders from what I have read. It appears company is holding shares in leu for past shareholders and they are holding the bulk of their shares for current shareholders.
IMO: 1) The purchaser will pay CASH for 100% of Bouse & S. Cooperstone 2) 2005 dividends will be payed in cash by the purchaser 3) FFGO Actual shareholders will get a unique Dividend from the proceeds in Cash. Details of the Dividends will be given upon the completion of the sale!!
I believe the pr today mentions a second Divi. That would probably be for us Come Latelies. I can imagine it would be even greater than the 1st .003 after the sale takes place. IMHO