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Microcap & Penny Stocks : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?


To: Steve who wrote (7275)4/19/1999 8:42:00 AM
From: makin_dough99  Read Replies (2) | Respond to of 9824
 
Incorrect as far as dividends and splits go = Please ask your broker for further info. I believe I am correct in this matter.

The 26th is D-Day



To: Steve who wrote (7275)4/19/1999 11:39:00 AM
From: T A P  Read Replies (1) | Respond to of 9824
 
So I thought also, however having checked into it further I have found out that those who buy shares after ex-dividend date may not be entitled to dividend and ex-dividend date is 3 business days before DOR according to NYSE rule. So the 27th would be the last day investors would be entitled to shares of TIPS. They sure know how to complicate things....Money's Investment Terms needs to revise their definition of DOR and ex-dividend to specify this technicality.
T A P has received 700K shares of TNRG and 1 mil shares of TIPS from the company for services provided for a period of 1 year. For a complete write-up on TNRG/TIPS and other Turn Around Picks and free membership go to T A P profile for url.