RE:The Real Truth - a semi-negative viewyes not as lucrative as you might think at all plus you end up with AMER shares of 20%.
Let me give you my situation that the management kindly gave me in perspective.
I had a .55 cents cost of PDQ in all my shares.
which means approximately .40cents will be given back to me in shares of 20% in AMER and 80%cash. Here is the kicker now! According to the regulation which they are setting up. You cannot claim a loss because it is a return of capital in cash. It is not really a dividend according to the regulations they are doing. Why did PDQ do this is so AMER also gets all the tax loss for PDQ.
Who knows if it will be .40 cents now that the CAD currency keeps climbing up. He told me to hope for it to go down. If you have not bought any stay clear.