Replies to post #16711 on CAVU Resources Inc (CAVR)

[johnsyn]

I've got to look back at the Proxy, been so damn long, LOL. Let me finish the other question first.

[Willy]

MyBad, the spin off (will never happen) is based on the amount of shares you had on the specified date.

[johnsyn]

Approved the spin-off of the Company's Subsidiaries (CAVU Energy Services, LLC; FILO QUIP Resources, LLC; and CAVU Resources One, LP) into a separate independent company. Shareholders of record shall receive 1 share of common stock in new company for every 40 shares of CAVU Resources, Inc. owned on the record date.

I'm still looking for record date, they had moved it, but we're only talking end of July to late August of 2011 was record date. You'll get 1 for every 40 that you had back then, not at the actual spinoff date if it ever happens.

http://ih.advfn.com/p.php?pid=nmona&article=49227355