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Re: JC8484 post# 49

Thursday, 03/03/2016 10:35:36 PM

Thursday, March 03, 2016 10:35:36 PM

Post# of 77
You've got a few things mixed up. In July of 2014 they suspended the dividend when the stock was a bit above $5 share. The reason for this, according to the PR, was to fund additional marketing of FC2 and explore other products/business opportunities. They also hired a new CEO to lead this effort.

To date, no new products, a new strategy to market FC2 direct, and the CEO was out. The stock got crushed all the way down to $1.20 or so and has risen to it's current level.

I own 10K shares in two different accounts and still a bit under water. I did add in the low $1 range to average other buys.

No, I don't think they will bring back the dividend. They are trying to make this a growth company and diversify. Let's see if they can.

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