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FrankNitti
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I guess I had a stock in some company that decided to pay a 1 to 1 dividend with Thomas Pharmaceuticals stock....what comapny did that? Anyone?
I now have a bunch of non-tradeable shares in this Pharm company..what the hell can I do with it?..any info is greatly appreciated.

Thanks in advance!

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Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

Posts: 936 | From: Virginia | Registered: Aug 2007  |  IP: Logged | Report this post to a Moderator
eddy
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quote:
Originally posted by FrankNitti:
I guess I had a stock in some company that decided to pay a 1 to 1 dividend with Thomas Pharmaceuticals stock....what comapny did that? Anyone?
I now have a bunch of non-tradeable shares in this Pharm company..what the hell can I do with it?..any info is greatly appreciated.

Thanks in advance!

The stock is probably restricted for 1 to 2 years. then you can trade it.
Posts: 3056 | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
FrankNitti
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Remebered it was from holding some IVOI stock....but that's all I know about it....thanks eddy for the quick response.

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Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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Homersbud
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Frank, join the club. I got a bunch of worthless shares of a bunch of companies.

Were you around when BKMP gave out AMZN divy? Was suppose to be restricted until Dec '06, but of course it wasn't and it's still not. I won't even begin to name the others I have.

Posts: 3026 | From: Chicago | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
NR
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http://www.sec.gov/Archives/edgar/data/1391428/000107261307002673/form424b3_1549 2.htm

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One is never completely useless. One can always serve as a bad example.

Posts: 2402 | From: CA | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
NR
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Well I dunno about anybody else, but I sold my shares of Thomas Pharmaceuticals (TPHM.PK) for a nice profit today. They are definitely not restricted shares.

Thank you IVOI for the Christmas Present.

NR.

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One is never completely useless. One can always serve as a bad example.

Posts: 2402 | From: CA | Registered: Jun 2005  |  IP: Logged | Report this post to a Moderator
   

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