Humbly report, TED, we may have a conflict with the "Pet stock."
A letter to shareholders just came through the mail slot:
whitmancorp.com
Humble quotes:
"April 10, 1991
Dear Shareholder:
On April 1, 1991, the stock of Pet Incorporated was distributed to shareholders. . .shareholder of record on March 28, 1991, was mailed one share of Pet stock . . . The Internal Revenue Service has ruled that our shareholders will incur no tax upon the receipt of the stock of Pet. . . .your Pet stock will be equal to the aggregate tax basis you had. . . the remaining 64.554% should be allocated to the Pet stock. Your holding period for the Pet shares will include your holding period . . . "
With my pet mongrels, I humbly remain, yours truly, napping by the mail slot of the mail room, near the first arch of the Mala Strana side of Charles Bridge, where they serve great hot rum, gratis for me,
Svejk |