I see someone has posted that the $8360/hundred share payment will be made on 5/1. I can't confirm this anywhere. I can confirm that I still have not been paid for the reduction in my share value. Can someone post a source for the payment date? I have asked my broker and they cannot confirm a date, only that it is coming. I can't believe that the Holdrs web site doesn't have any specifics, but they don't. The press release only says that Bank of NY Mellon will be distributing the money "on ex-date 4/1/2009". April fools on us!
To quote my Broker: "It appears that the distribution is still in progress. Please allow a few more days for the payment to be made to the clearing firm, then posted to the account."
Thanks for the info. I sent an email to B of NY Mellon and have not received a response. I should have called! I just couldn't imagine actually getting someone who knew what was going on.