Replies to post #7751 on Pegasus Tel Inc (PTEL)

[DevG]

ericrez: you hold shares (your 1150 showing in your account), which, when restriction is lifted, convert to your orig holdings (1150 x approx 1700 (conversion rate) = approx 2 million you indicated you held).

[Smittle]

Here's the formula: Just divide your ENTI shares by 1176.

Werewolfe Member Profile Werewolfe
Wednesday, September 21, 2011 10:40:05 AM
Re: oren1 post# 129367
Post # of 129372

Here's the formula: Just divide your ENTI shares by 1176. That will be the amount of Restricted PTEL you will see in your account.

Once the restriction is lifted and the shares are converted multiply the restricted total by 1176 and it will equal equal the qualifying ENTI shares you held at that time.

Regardless, in 6 months if you have 500,000 ENTI you will have 500,000 PTEL. Or 1,000,000 total shares in TWO separate companies. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67287964