Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

Financial Services Asset Management

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.

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Big Banc Split Corp

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Comment by CalifDreamingon May 14, 2012 1:45pm

319 Views

Post# 19906680

RE: Misleading comments

Good ol' "Bull chit Badwi" is showing his true colors. If anyone ever talked to previous management about the problems in Albania, none of this would be a surprise. Previous management's only fault was being honest about the difficulty in developing a tired old field - and was shown the door with Badwi being promoted like he was the Second Coming. But now the bull chit is clear for all to see - with investors running for the door.

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