Business
TDYT announced a spin-off of TPI Systems, Inc. with a record date of 7/15/2011. TDYT will not be quoted ex-dividend
TDYT announced a spin-off of TPI Systems, Inc. with a record date of 7/15/2011. TDYT will not be quoted ex-dividend.
About this update from Thermodynetics Inc
[{"type":"text","content":" Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 The Board of Directors of Thermodynetics has approved the distribution of a dividend to shareholders of record on July 15, 2011 in a spin-off transaction. TDYT will not be quoted ex-dividend Those shareholders who are owners of at least 1,000 shares of Thermodynetics common stock are receiving restricted shares of TPI Systems, Inc. (\"TPI\") on a one-for-one (1:1) pro rata basis. All other Thermodynetics shareholders are receiving adistribution of $0.0002/share for each of the shares with an ex-date of July 13,2011,pro rata , they owned of Thermodynetics as of the record date. ","length":17277,"tagName":"div"}]