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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > Switch over
View:
Post by RDK241t on Nov 04, 2017 8:28am

Switch over

When does the switch to Innergex happen?
Comment by R_J_ on Nov 04, 2017 8:42am
My understanding is that nothing switches until after the first of the year. - IMHO, this is advantageous tax wise. - Exactly when in the new year the changeover occurs, I don’t know. - Perhaps somebody else was paying better attention. - Lots of things to talk about. - RJ
Comment by BoldForbes on Nov 04, 2017 11:20am
First, the vote for AXY shareholders in December. Then, most likely new shares (treated as a tax free merger I am assuming) soon there after (assuming early 2018). It appears as if the INE dividends are paid March, June, September and December. So AXY shareholders should get all INE 2018 dividends. BF
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