RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:You can run but you can't hideI imagine it would have to be settled much like a dividend, if you were to buy that day or a couple days before you would prob get screwed. with divvy stocks I like to make sure I buy at least 4 or 5 days prior if I want the dividend, however sometimes not the best time to buy because everyone is doing it.....
Pandora wrote:
Yeah, you're right.. When one's brain is not functioning correctly he should go back and read the instructions. Seems like the actual distribution will take place some time after the close of business January 15, 2019.
People will be trading in and out of IEQ shares between now and Jan. 15 but the distribution goes to those that own as of closing on January 15? How does the 2 day settlement figure into that -- or does it? i.e. if you buy at say 3:50 p.m. on the 15th do you still get the SENS shares or must you have bought 2 days earlier to allow for the settlement?
"The Sensor Shares will be distributed to resident holders of IntellaEquity shares (the "Distribution"). The Distribution will be paid on the basis of one (1) Sensor Share for every one (1) IntellaEquity shares outstanding. The Distribution will be completed through two (2) distributions, one distribution of 12,805,743 Sensor Shares and the second distribution of 12,805,744 Sensor Shares. The first distribution will be distributed to holders of IntellaEquity shares on record as of close of business January 15, 2019. The record date of the second distribution will be fixed by the board of directors of the Corporation."