COR thinks its transfer agents fault (before it bl
Post# of 11035
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Q..."...Is there any way for DTC todetermine, as it's tracking interim activity between a record date and an ex-dividend date, whether a particular share ofstock does or does not qualify for a previously declared dividend?"
A...."I don't believe they do..."
Q... "Did -- well, COR knew at the time of this conversion that the stock that was being issued was not eligible for a dividend; isn't that right?"
A... "Yes, that's factual. Right."
Q... "Did COR take any action to alert DTC that there was some 400-plus million shares of stock being dumped on the market that was not eligible for a dividend?"
A.... "No. I think that would be the role of the transfer agent."
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I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
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