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gump90

06/04/12 3:08 PM

#9195 RE: AbrahamS #9194

We have been hashing this for two days now AND IT IS NOT AS CLEAR AS DAY !!!!!!!!!!!!!! I would suggest you get in touch with Ken and ask HIM.
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wshaw14

06/04/12 3:32 PM

#9196 RE: AbrahamS #9194

Wow, it is amazing how many times proof can be posted in black and white and still be ignored. This Spin Off will be required to be handled as a SPECIAL DIVI. Thus the X-date will be the day after the pay date. Any dividend (spin off included)(SEC considers spin off shares dividends) that meets or exceeds 25% of the share of a company falls under these rules. The key words are "Special Dividend" I wish it were not so as I held shares on the record date.