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Microcap & Penny Stocks : ROTI - Harvest Restaurant Group Inc

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To: n2profit who wrote (1015)1/3/1999 1:37:00 PM
From: chalu2   of 1702
 
On 6/30/98, ROTI common closed at 3/8. On 2500 ROTIP shares, you should have gotten 30 cents per share in cash or stock, which is $750 in cash or stock. What I've learned: the Company uses odd "record dates" for calculating these dividends. For the 6/30/98 dividend, the company used 7/17/98 (for the previous dividend, they had used 4/17/98). ROTI closed at 11/16 ($.6875) on 7/17/98. $750 divided by .6875 gives us 1,090.9091 shares. I think you're owed .90 of a share.

My questions still are: where are my dividends on my recent conversion, and why is the preliminary proxy so muddled in descibing our conversion rights?
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