I was not clear enough with my example re Zenith book value.

I have RVX in four accounts, with varying book values and varying number of shares. I have not traded since the split. The averages I quoted were from the sum of these four accounts. Everybody's book values will be different, according to their original cost. If I ever realise a loss or gain from Zenith, the numbers will be there for my tax return

The method TD used, most likely based on some guidance, was to divide each old book value by eleven, and allocate one eleventh to Zenith. Once done, it looks like Zenith is equal to 10% of the NEW book value. As far as Market Value, for peace of mind I have been using $1.00 in my head based on the $1.00 financings. I would hope that if there ever is an IPO it will be no less.

My examples from four accounts:

Old Cost / share = old book value

A: old RVX 3.33, new RVX 3.03, Zenith 0.30

B: old RVX 3.66, new RVX 3.33, Zenith 0.33 (rounded)

C: old RVX 1.49, new RVX 1.35, Zenith 0.135

D: old RVX 2.44, new RVX 2.22, Zenith 0.22

With varying numbers of shares in in my accounts, I wanted to know my average, which turned out to be $2.72 and $0.27.

Basically, if my original book value had been $11.00, the new values would be $10.00 and $1.00.

I hope this is not information overload!

Regards,

Deke