rightsonword Posted November 24, 2012 Report Share Posted November 24, 2012 Hey guys, Just letting ya'll know I was notified by Al-Jazera of IMAP Pharmaceuticals paid-up shares running through the 29th. I'll be passing on this as they are only trading at about 1.21. Though they may be a good buy depending if they can reach their former 2+ IQD levels. "Shareholder subscriptions to IMAP paid-up shares are held from 18 - 29 November 2012 ....." If anyone has any other information from Al-Jazera, please post! Link to comment Share on other sites More sharing options...
asad Posted November 24, 2012 Report Share Posted November 24, 2012 I have 3 million shares of this stock. Link to comment Share on other sites More sharing options...
rightsonword Posted November 26, 2012 Author Report Share Posted November 26, 2012 I have 3 million shares of this stock. Oh wow, you definitely have a lot more than I do. Are you going to purchase the paid-ups? Link to comment Share on other sites More sharing options...
asad Posted November 26, 2012 Report Share Posted November 26, 2012 Oh wow, you definitely have a lot more than I do. Are you going to purchase the paid-ups? No, I would but cannot fund my Warka Bank account but i'll take the free shares any day. Link to comment Share on other sites More sharing options...
unirod Posted November 27, 2012 Report Share Posted November 27, 2012 I am buying 200K in shares in tuesdays session of IMAP. Could someone explain what the paid up shares means for this company? It's the first time I have taken up such an offering in stock purchase. I fugured with a drug co. you can't go wrong. THX Rightsonword! Link to comment Share on other sites More sharing options...
rightsonword Posted November 27, 2012 Author Report Share Posted November 27, 2012 No, I would but cannot fund my Warka Bank account but i'll take the free shares any day. Yes, the free shares are definitely great! I am buying 200K in shares in tuesdays session of IMAP. Could someone explain what the paid up shares means for this company? It's the first time I have taken up such an offering in stock purchase. I fugured with a drug co. you can't go wrong. THX Rightsonword! The paid-up shares are when the company offers additional shares to shareholders who held stock in the company before their annual meeting. They offer the paid-up shares for 1 IQD compared to the normal price. Depending on how many shares you're eligible to buy and how much the stock is worth, this can be a great deal. Link to comment Share on other sites More sharing options...
asad Posted November 27, 2012 Report Share Posted November 27, 2012 Yes, the free shares are definitely great! The paid-up shares are when the company offers additional shares to shareholders who held stock in the company before their annual meeting. They offer the paid-up shares for 1 IQD compared to the normal price. Depending on how many shares you're eligible to buy and how much the stock is worth, this can be a great deal. I have my stock certificate from them. I had warka take it out of proxy and put in it my own name Link to comment Share on other sites More sharing options...
rightsonword Posted November 28, 2012 Author Report Share Posted November 28, 2012 I have my stock certificate from them. I had warka take it out of proxy and put in it my own name Smart move. I'd do that with all the stocks I owned considering the warka's current state. Link to comment Share on other sites More sharing options...
unirod Posted November 29, 2012 Report Share Posted November 29, 2012 Yes, the free shares are definitely great! The paid-up shares are when the company offers additional shares to shareholders who held stock in the company before their annual meeting. They offer the paid-up shares for 1 IQD compared to the normal price. Depending on how many shares you're eligible to buy and how much the stock is worth, this can be a great deal. Thx rightsonword for the info. Smart move. I'd do that with all the stocks I owned considering the warka's current state. Asad and rightsonword, I have wondered about proof of ownership on my stocks. So I should assume that my ownership is by proxy on all my stocks? Can you give me an idea on the verbage that I should use on a form letter to Warka to get this changed? Apparently they send you a stock certificate? how do they get this certificate to you FedEx? or E-Mail? Thank You for the info commrads! Link to comment Share on other sites More sharing options...
asad Posted November 29, 2012 Report Share Posted November 29, 2012 Thx rightsonword for the info. Asad and rightsonword, I have wondered about proof of ownership on my stocks. So I should assume that my ownership is by proxy on all my stocks? Can you give me an idea on the verbage that I should use on a form letter to Warka to get this changed? Apparently they send you a stock certificate? how do they get this certificate to you FedEx? or E-Mail? Thank You for the info commrads! Email and excel sheet for your shares. Link to comment Share on other sites More sharing options...
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