omg that's so clear there must be an argument against it. let's go find some confusing nonsense to cut and paste.
ps thank you for your testimony
i bought after the date and dont expect any shares, warrants, or whatever. I've seen nothing to indicate this would operate in a way different from any other dividend or distribution. none of the posters have offered an explanation for why some obscure rules apply in this case. most of the quotes appear to be not actually taken from anywhere. people holding this stock through the date of record appear to have gotten a memo about the distribution. i have no memo... which is consistent with my not being included in the distribution, which is also consistent with the press release and SEC filing.
SEC also mentions warrants. are the shares of asterias, which is not actually a ticker, going to instantly convert into warrants to buy BTX? the filing mentions that, and if so they're almost worthless because they have a price of $5 and BTX is trading well below that...
You and others have made me interested, but when I search I don't find the info that you are referring to so... no offense but plenty of false info on yahoo message boards :) if i get some div, fine, otherwise, not expecting it. but maybe I should dump this stock, because the price will crash for sure after the distribution, if it happens as you are suggesting.
I see nothing in the SEC filing about a deferred ex-date. "The Record Date set by the Company’s Board of Directors is May 28, 2014..." "...to distribute all of the shares of Asterias Series A common stock to Geron stockholders of record as of the Record Date..."
Are you guys just trying to keep people from dumping the stock, or do you have more information to provide other than the SEC filing, which seems pretty clear?
Because I don't care. I have shares because I expect the price to go up. Div would be a bonus but not worth the research and even after researching, as some others have done, doesn't sound like anyone will know what's really happening.
I bought well after and have no expectation to get any. I also am not familiar with this odd type of distribution. But I've had a lot of div stocks, and the date of record comes after the ex-date, 3 days after the day that counts, because it takes 3 days for transactions to clear.
Tell people you know about this new possible cure for cancer coming down the pipeline. Help create enough buzz and they can't block it, for risk of exposing themselves as corrupt ;)
I know these articles are just automated nonsense, but there it is
It will surely be asked. They might want to remain tight lipped about it, but if there's a lot of buzz on the subject it would be smart to discuss. After all, they need as many people as possible to know about a big improvement to their product. They need some way to judge how many tens of millions of these things to have ready for release.
The last 3 paragraphs are something you made up, right? The rule is quoted at the top and the rest of it is just your nonsense. PAYABLE, not PAYMENT. If you have the stock on the payable date, you get the div. If you buy on the ex date, or any time afterwards, you get nothing. If you sell on or after the ex date, you still get the div.