Regent Pacific Properties Inc V.RPP

So what would happen to our share?

[mountsierra]

i'm a Rpp shareholder and would like to know went the new owner will pay us our shares at 0.20$. Or how does the transactions working??? Mount

[anderhal]

The story is that in mid-October the deal will be consumated, and shortly thereafter you get your 20 cents. Those who bought today at 19 cents will make 5% on their investment over a period of 6-8 weeks which is about 30-40% per annum before expenses. Not bad - I sold my 42500 at 20 today at the close. Probably bought by TD Bank, who got my commission (1-1/2% of consideration) plus the "

[sdi1]

Do we get cash for 20 cents /share or security of the buying company?