E-Mobile (Pink Sheets:EMTK) announced that today, September 27, 2004, is the last day to purchase shares and receive the benefit of the previously announced 4-1 split. Shareholders of record will receive a dividend of four shares for every one share owned. Execution day will be tomorrow, Tuesday, September 28, 2004.
SOURCE: E-Mobile Technology Inc.
CHL Technologies Inc./E-Mobile Barton Peck, 414-351-1468 Fax: 414-351-4553 BartPeck@aol.com Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
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posted
Great News...I thought this was a forward split...It's a dividend!!! According to the latest news. Am I correct?
E-Mobile Technology Inc. Announced That Today is the Last Day to Take Advantage of the Previously Announced 4-1 Split
PLANO, Texas, Sep 27, 2004 (BUSINESS WIRE) -- E-Mobile (Pink Sheets:EMTK) announced that today, September 27, 2004, is the last day to purchase shares and receive the benefit of the previously announced 4-1 split. Shareholders of record will receive a dividend of four shares for every one share owned. Execution day will be tomorrow, Tuesday, September 28, 2004.
Customize your Business Wire news & multimedia to match your needs.Get breaking news from companies and organizations worldwide.Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
posted
WHOA!!! it seems that the forward split was a DIVIDEND??? Will the split price not take effect til tomorrow or is this really a dividend (I now have 4 times as many shares as i did at the closing bell, but the price is the same as it was at the bell???im a little confused...) If this is a dividend, will the price plummet at the opening bell?
--jne
Posts: 50 | From: St. Louis, MO | Registered: Sep 2004
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posted
It was not a dividend. When trading starts tomorrow, the new price will be reflected on your account.
Posts: 24 | Registered: Aug 2004
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posted
Is any ones account reflecting the new levels of ownership yet? My Waterhouse account still shows yesterdays levels.
Posts: 18 | Registered: Sep 2004
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posted
Yep...I got my 4. Last night I looked at my account and thought the "dividend" was real...It actually showed the 4x value in my account balance....it was good while it lasted.
Posts: 34 | Registered: Sep 2004
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posted
The 4-1 split did happen. Your additionals shares will not be reflected on your account until Fed settles up which will take a couple of days (just as it does when you sell). Your additional shares will be reflected at that time.
Posts: 21 | Registered: Sep 2004
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posted
what do you guys think EMTK is gonna do now that its split? They've had nothing but good PR and they seem to be a contender for some long term growth....any thoughts?
--jne
Posts: 50 | From: St. Louis, MO | Registered: Sep 2004
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posted
I think we may be in for a nice steady little climb over the next few days. News has to spread first. Volume is up.
Posts: 21 | Registered: Sep 2004
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posted
I know its a big "no-no" to become attached to a penny, but I really like this one. Ive been hooked ever since its initial climb into the .80's. Of course I did some buying and selling at the wrong times, but im still in the green on this one and hope to see some more...(green...)
--jne
Posts: 50 | From: St. Louis, MO | Registered: Sep 2004
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