Capital Gains Income STREAMS Corporation T.CGQ.E

I posted on DFN site regarding CGQ

[Rainham]

Correct me if I am wrong

The end of Nov CGQ and CGQ E (Capital Gains Income streams) will wrap up.
Their shares can be cashed out or converted to DFN units( 1 preferred share and 1 Class A share being a unit of DFN).
Last NAV of CGQ was $25.00 which should not change ,presently trading at $ 25.22. CGE e was last trading at $4.75 with the last posted NAV at $3.93 it will probably drift down to Its NAV.
The NAV of these shares can be used to buy DFN units at its NAV (Last posted at $19.65),combined current trading at 21.43
There is the likelyhood of 1000000 shares being added to the DFN float at a value of $10.00 Preferred and $ 9.65 Class A
.I have CGQ thinking I can convert to DFN Getting a value of 21.43 for $19.65.
The trading price of the above mentioned stocks could vary quite a bit in the coming weeks.
GLTA Rainham

Read more at https://www.stockhouse.com/companies/bullboard/t.dfn/dividend-15-split-corp?postid=21851459#d65v6FEisZCeIGRP.99

[aea257]

So I'm in at s/p of $5.82. I should look/hope for a peak in the s/p and cut my losses?

[Rainham]

Google June 7  2013 Capital Gains Income Streams. It should lead you to the shareholders Info circular.( I could not find this on Quadra's Cgq site). The notice will outline the disposition of your shares. Far as I see the CGQ  will get $25.00 and the CGQe will get the actual Nav last posted at $3.93.The way I understand it is that if you own either CGQ stock the money you

[navgod]

Absolutely correct Rainham-- the buyers and/or holders of CGQ.e have no clue. I am playing DFN conversion via STQ.e and STQ

[navgod]

Anyone holding CGQ.e(currently 4.74 bid) should be selling NOW at any price above 4.25 or lower. It would take a miracle to realize much above 4.50. Sell CGQ.e and buy CGQ if you want cheap DFN units otherwise just get the hell out of CGQ.e

[Rainham]

Well there are two of us on the same page.  Can't figure out why ,right now, CGQ is down .06 cents and CGQe is up .10cents at $4.83 (I figure NAV around $4.00 right now.) I am loaded up on CGQ hoping Quadravest hasn't changed the rules. But in any event it will not be worth less than $25.00. GLTA Rainham

[navgod]

I think we are ok as it is in quadravest 's interest to have people convert into DFN (got to keep those asum up). only a collapse in the dfn premium would hurt -- still can't believe DFN shareholders voted to allow the conversion at nav