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Netflix, Inc. (NFLX) Message Board

sweetykaat 1 post  |  Last Activity: Mar 12, 2015 12:38 PM Member since: Dec 9, 2011
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  • sweetykaat sweetykaat Mar 12, 2015 12:38 PM Flag

    First, thank you mcole for obtaining/sharing this info. I put it out on Stocktwits and Twtr on Wed.
    Legal title to trust assets belongs to the trustee - that is Bank of NY Mellon. Trustee shouldn't change when Whiting sells itself; should still be BNY. We as unit holders, are the Trust beneficiaries.
    Now, "Whiting deducts from the gross oil and gas sales proceeds an overhead fee to operate those underlying properties for which Whiting has been designated as the operator. " A new operator could be more, or less, efficient than Whiting... which would have some impact on the Distro.

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