Post by stevpot99 on Jan 1, 2005 3:03:49 GMT -5
The distribution of shares issued will be in the ratio of one (1) share of NHGP for every one hundred (100) shares of PRRM owned on September 30, 2004.
Letter to shareholders from Dan Burgess on 11/4/04
1) The confusion surrounding the NHGP dividend has concerned many, and this was only compounded by a typo for which I buttume responsibility. Due to accounting, shareholders on record as of September 30, 2004 will receive their shares on November 15th, 2004. We were led to believe that the record date could be extended to October 15, and declared it as such only to be informed that “extenuating circumstances” involving the company’s quarterly audits would not allow the extension after all. This does not make us happy, and we are now working on and will announce dividend details for those who purchased shares of PRRM between September 30 and October 15 as soon as possible. Our working date for this distribution is Feb. 15, but this has not been finalized.
Letter to shareholders from Dan Burgess on 11/4/04
1) The confusion surrounding the NHGP dividend has concerned many, and this was only compounded by a typo for which I buttume responsibility. Due to accounting, shareholders on record as of September 30, 2004 will receive their shares on November 15th, 2004. We were led to believe that the record date could be extended to October 15, and declared it as such only to be informed that “extenuating circumstances” involving the company’s quarterly audits would not allow the extension after all. This does not make us happy, and we are now working on and will announce dividend details for those who purchased shares of PRRM between September 30 and October 15 as soon as possible. Our working date for this distribution is Feb. 15, but this has not been finalized.
