Post by stormgrey on Nov 13, 2005 21:50:56 GMT -4
Acada in Paltalk -
Answers only...
1>
No, still say's settlement, someone asked by christmas, he said definitly.
2>
Asked if Thanksgiving is a possibility, he said yes.
Someone asked when the company will announce everything, he said in november, over 3 years, paid quarterly, 12 payments, but will not give numbers.
FYI
By: billyun1
13 Nov 2005, 10:03 PM EST
Msg. 1226452 of 1226453
(This msg. is a reply to 1226438 by ivory551100.)
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ivory551100:
i was listening as well and then they shut the board down. acca said that if you had 5mil shares, that you would receive in the ballpark, $250k total every 3 quarters. that translates to $.20/shr or 1mil bucks for the entire 12 payments.. he also implied that stoeklein said that this settlement was restitution for damages incurred and that none of the monies paid to the shareholders would be taxable. the entourage divvy i suspect, would be taxable..
it's all fiction at this point, until confirmed by the company..
bk
By: ivory551100
13 Nov 2005, 10:07 PM EST
Msg. 1226456 of 1226469
(This msg. is a reply to 1226442 by dandreamjan.)
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Dandream -
IMHonestO, the brokerage firms have no money to keep them alive or to operate their companies b/c the comission is too low per trade so they naked shorting stocks to make a living which now they have to admit and pay the price...I don't know how they can pay us all in several installments which 12 payouts over three years which does make some good sense....The big bad guys like bankers and DTCC can pay us in 3/5 installments but they have to accomodate the small bad guys like ET/AT...ect....Total of 0.072 is not bad but it could be much more like 0.02 per qrt over 3 yrs...IMO
GLTY always!
Answers only...
1>
No, still say's settlement, someone asked by christmas, he said definitly.
2>
Asked if Thanksgiving is a possibility, he said yes.
Someone asked when the company will announce everything, he said in november, over 3 years, paid quarterly, 12 payments, but will not give numbers.
FYI
By: billyun1
13 Nov 2005, 10:03 PM EST
Msg. 1226452 of 1226453
(This msg. is a reply to 1226438 by ivory551100.)
Jump to msg. #
ivory551100:
i was listening as well and then they shut the board down. acca said that if you had 5mil shares, that you would receive in the ballpark, $250k total every 3 quarters. that translates to $.20/shr or 1mil bucks for the entire 12 payments.. he also implied that stoeklein said that this settlement was restitution for damages incurred and that none of the monies paid to the shareholders would be taxable. the entourage divvy i suspect, would be taxable..
it's all fiction at this point, until confirmed by the company..
bk
By: ivory551100
13 Nov 2005, 10:07 PM EST
Msg. 1226456 of 1226469
(This msg. is a reply to 1226442 by dandreamjan.)
Jump to msg. #
Dandream -
IMHonestO, the brokerage firms have no money to keep them alive or to operate their companies b/c the comission is too low per trade so they naked shorting stocks to make a living which now they have to admit and pay the price...I don't know how they can pay us all in several installments which 12 payouts over three years which does make some good sense....The big bad guys like bankers and DTCC can pay us in 3/5 installments but they have to accomodate the small bad guys like ET/AT...ect....Total of 0.072 is not bad but it could be much more like 0.02 per qrt over 3 yrs...IMO
GLTY always!