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IONA shareholders      4-Oct-08 04:14 pm    
Has anyone been paid for their ADR shares that traded on the nasdaq?

Per PRGS web site, they are charging us a .05 cent ADR cancellation fee. So we will only receive 4.00 per share.

This fee was not quantified in any of the proxies. Only that a cancellation fee per share would be charged?

Lets see, 3 weeks since the merger was consumated, excessive cancellation fee per share and NO payment yet.
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pjmarch11

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  Subject Author Rating Time of Post (ET)  
 
IONA shareholders
pjmarch11
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(1 Rating) 4-Oct-08 04:14 pm  
 
Plus, Investor relations does not answer any email...
pjmarch11
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(1 Rating) 4-Oct-08 04:21 pm  
 
Still no word, as of 13th Nov. Has anyone got...
irishmelody... Rate it 12-Nov-08 11:36 pm  
 
....that .05 fee resulted in over $1,000...
bobbybarnes... Rate it 25-Nov-08 06:01 pm  
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