How about if we start over again? Given yahoo's #$%$ board, it take five minutes to find the latest post. About 10 posts is enough for any string, unless you're really into ultradeep bulletin boards with all the associated issues.
My guess is the new cost basis will likely be based on the value of the Trust the first day of trading. For that your would pay taxes on both the $14.75 and value of the Trust Share for the 1.15 Trust Shares . Otherswise you would pay tax on the $14.75 and get your cost of MMR put into the Trust.
Im getting concerned about TISDZ as IAM posted last week ,
the down vol has increased .. I guess with all the poor
news coming out of Exxi today , makes the process seem like it will be
delayed for any positive results .