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Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST

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To: K A Anderson who wrote (6438)8/26/1998 8:23:00 AM
From: Money Maker (MM)  Read Replies (1) of 6654
 
KAA, I can understand your position. I have another question just to make sure one thing about settlement date for preferred stock.
From Aug 18 news, company announced:
One preferred share will be issued for every 10 common shares held on the record date of Sept. 1, 1998.
As far as I know, there is a 3-4 day (I forget how many days) of settlement date.

My question is can I buy this stock at September 1,1998 to get divs? Or I have to buy or have it before September 1, 1998?

MM
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