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Non-Tech : Free Money Stocks

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To: D. K. G. who wrote (410)1/12/2008 8:54:15 AM
From: D. K. G.  Read Replies (1) of 484
 
Clarkston Financial Corp. $7.25 (CKSB.OB) 1-110 R/S cash out $11

N.B. - Shares in street name will not work.

secinfo.com

Q: What if my shares are held in "street name" through a broker, bank or other nominee?

A: If your shares are held in “street name” through a broker, bank or other nominee (a “broker”), the effect of the Recapitalization on your shares may be different than for record holders. You should contact your broker (1) to determine whether or not your shares are eligible to be cashed out in the Recapitalization and (2) to instruct the broker as to how you would like to proceed. If a broker is the record holder of 111 or more shares on March [•], 2008, the shares held by the broker will not be cashed out in the Recapitalization.

If you hold less than 111 shares in “street name” and you want to ensure that you will be cashed out in the Recapitalization, you may transfer your shares out of “street name” and into a record account with the Company far enough in advance so that the transfer is complete by March [•], 2008.

Regardless of whether your shares are held in “street name” or in a record account, you will not be cashed out in the Recapitalization if you own 111 or more shares in at least one account on March [•], 2008.
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