North American Cannabis Holdings Inc (USMJ)

[TenKay]

That PR was screwed up in a few ways. The Record date has to be the settlement date since that is the date a record of ownership is established. Their PR might make sense if they set the record date on the 26th...in which case those that bought on the 21st would get the divvy. But they didn't. And that point about 3 days after the payment date is nonsense. It might only matter if FINRA was handling the divy like a normal divy of stock when the exdate is the day AFTER the payment date, but they didn't...so why they included the "due bill" explanation is a head scratcher.