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Re: Rowlan21 post# 171165

Wednesday, 03/19/2014 10:36:03 AM

Wednesday, March 19, 2014 10:36:03 AM

Post# of 380519
Very simple how a Dividend works:

1). Company sets a date, whereby they determine who is/was
a SHAREHOLDER OF RECORD.

2). Company completes their financials for the quarter.

3). Confirms there is a profit (funds available) AND makes
the public filing (in NTEK's case to the OTC-Markets).

4). Company sets the date & pays out.


NTEK has set March 31st as the RECORDING DATE for two reasons really:

1) Because it is the END of a REPORTING PERIOD.

2) So they can complete their financial (as they normally
would) AND include the corporate actions necessary to execute!


VERY SIMPLE. I suspect we'll be hearing about ALL MANNER of
NONSENSE about this process. However, very simply, it IS the
process every dividend-paying company goes through & is COMMON
SENSE.


Don't believe me. Self-verify by looking up any blue chip divy
paying stock & NOTE when their Dividends are executed!!!


GET THE FACTS!!!



NTEK