American Security Resources Corp. (ARSC)

[_mmech]

common yes, preferred no
they didn't splint the preferred so thier ownership rights % increases

there are not enough shares to pay out the promised 1 HFCO for 150 of ARSC after the split

personally, I don't believe they will ever issue the dividend, but if they do they will do it prior

1,000,000 shares ARSC gets 6,667 of HFCO
6,667 / 250 = 27 post split HFCO shares