I'm amazed @ the speed of CSMA, and the transfer agents regarding the dividend distribution. Much to the horror of many shareholders, AVBC announced to the General public a RS sometime over the weekend. The following message was sent to me by my broker the day after the first business day this news went public. What the hell is going on with CSMA? I'm about ready to send in the Lawyers, guns , and $$$$$$$
Dear DLJdirect Investor:
We have been informed of a possible reverse split that may effect your current holdings in Aqua Vie Beverage Corp. Should this reverse split occur, the number of shares you currently hold in your DLJdirect account would decrease in direct proportion to the terms of the split. In most instances, the market price per share will increase accordingly.
Often times there is a lag between the time the stock price adjusts and the time when the number of shares is adjusted in your account. This occurs because positions cannot be adjusted until we receive notice from the transfer agent or depository where the shares are held the the split has actually occurred. This will cause your market value of Aqua Vie Beverage Corp. position to appear to increase dramatically in value. Should this occur please contact DLJdirect Investor Services at 1-800-TALK-723 with questions regarding this matter, or call 1-800 TALK-TRD to place a trade-- or 1 800 TDD-7236 for the hearing impaired.
Please keep in mind that placing a sell order on this security under these circumstances, without further inquiry creates a risk that you will oversell your position. Any repurchase of the oversold amount is for your account and risk, which could result in financial loss to you. We take no responsibility for and are not liable for the authenticity, reliability, and/or the omission of any significant information regarding this announcement. This is provided solely as a service to our investors. You may not receive any other notice regarding this announcement.
If you would like more information regarding this matter, please contact us at your earliest convenience. We look forward to serving your investment needs.
Sincerely,
Jeff J. Sargent |
