I just spoke with Etrade – Corp. Action Dept. stated yes that one could opt-in granting releases to get distribution, which would lock those shares.
- Then buy more shares at current price around .05 and hold those shares for any possible appeal litigation outcome. The catch is he stated one should call KCC to see if they can clarify that, and I am sure they will not give a clear answer.
The idea of this would make cents as your shares would get distribution from the plan maybe .07 about and then buy at .05 and sit on those shares for any possible litigation award. JMO
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