Poseidon Concepts Corp POOSF

Final Distribution

[alkhor]

Thank you for your email.

 

We can confirm that all claims have been processed and we are confident that we will be able to distribute the funds to eligible shareholders before September 7, 2020.

 

Please note that a final decision with respect to the claim will be sent via email shortly. We will also update our website banner once we have sent all the email decisions.

 

We encourage you to visit our website for further updates at https://www.poseidonclassactionsettlement.com.

We want to sincerely thank you for your continued patience as we work to bring a solution to this matter.

 

Sincerely,

Poseidon Concepts Corp. Securities Litigation Claims Administrator

[terroir]

Did anyone actually receive an emailed final decision with respect to the claim?

[Troyahorse]

Not yet What's is everyone guess as to the # of shares that actually made it to the claim and what will be your guestimate on return per share. Process was not simple so expect lower number of shares and slightly higher distribution per share .

[Troyahorse]

From the Poseidon Concepts Corp. Securities Litigation website Pursuant to the settlement (which does not constitute an admission of liability, but represents a negotiated compromise of disputed allegations and claims), the defendants in the class proceedings pay at least $34,632,800 and up to $36,606,200 for the benefit of the eligible shareholders of Poseidon. Not sure if that is before the

[alkhor]

Not yet. Should get on in the next week.