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Method of creating new securities from equities: separately tradable registered independent dividend and equity securities ("STRIDES")

  • US 20020161684A1
  • Filed: 04/27/2001
  • Published: 10/31/2002
  • Est. Priority Date: 04/27/2001
  • Status: Abandoned Application
First Claim
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1. A method of creating new securities from existing shares of common stock in one or more companies, the method comprising the step of:

  • creating two new securities from the original common stock, said securities comprising an equity dividend strip and a nondividend paying stock.

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