Replies to post #210 on Golf Entertainment Group Inc (GLFE)

[vpagano]

WI = "when-issued"

There will be a grey area with how each broker treats this situation since it is pretty complicated. And if are playing this with calls like I am, it will get messier until the dust settles with how the strikes/number of shares will be split.

[vpagano]

Any difference in price between the current NCT and the new pieces will be arbitraged away by traders. The dividend does make things tricky.