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Message Boards Settings Leadis Technology, Inc. - Quote Info
Re: Pay out      4-Nov-09 09:11 pm    
"The Company has analyzed its liquidation value and currently estimates that the aggregate amount of liquidating distributions to stockholders will range from $0.93 to $1.20 per share."

Delisting effective Nov 6. Historically, initial distributions are usually made within 15 days of delisting. Company estimates are usually conservative due to possible lawsuits if too optimistic. However, that does not mean that they are guaranteed.

Traditionally there is usually a 72 hour pre-announcement before a distribution is made. Stay tuned to the company website for more information.

Bought this in late June, early July in the $.58 to $.66 range.
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  Subject Author Rating Time of Post (ET)  
 
Any idear of available cash? Wen is pay out? Thanks...
ghayes12345... Rate it 23-Oct-09 07:13 pm  
 
Based on a recent filing, I'm expecting 1st distri...
mrmonarch20... Rate it 23-Oct-09 07:59 pm  
 
Thank you!
ghayes12345... Rate it 24-Oct-09 12:45 pm  
 
Mr. Monarch, Congrats on LDIS. I bought so...
imd85 Rate it 28-Oct-09 12:12 pm  
 
Thanks, but I'm as confused as you are. ...
mrmonarch20... Rate it 28-Oct-09 01:52 pm  
 
Does seem ridiculous; though the pi...
theargo7 Rate it 28-Oct-09 03:00 pm  
 
Expect $.93 within a couple of weeks. Anothe...
iambenjamin... Rate it 29-Oct-09 12:09 am  
 
How do you know this?
ghayes12345... Rate it 29-Oct-09 04:23 pm  
 
Read the SEC filings. It's all the...
iambenjamin... Rate it 30-Oct-09 07:18 pm  
 
Re: Pay out
iambenjamin... Not rated 4-Nov-09 09:11 pm  
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Leadis Technology Inc. (LDIS)

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On Oct 27: 0.99 0.00 (0.00%)
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