Ezenia! Inc (EZEN)

[Buckey]

no bid or ask so yes it resets to closing price x700k
0

[StockSeedGems2143]

pps 21k post split

[Buckey]

the other part is interesting. if you get reversed out then this part is meaningless

Fractional shareholders (holders with less than 700,000 shares) will receive $32,130 per post-split

[Renee]

EZEN: effective Jan. 19,2024 a one for 700,000 reverse split: (YIKES!!!!!!!!!!!!!!!!!!!!!!!!)

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Lineman317]

This been moving north the last week or so, hopefully news follows, moves so easy on little volume

[Lineman317]

Come on EZEN hell if you can’t afford to post an update contact me I’ll pay for it

[Lineman317]

Update would be nice here, come on EZEN!!!!

[lolabean]

not sure I understand why they paid the dividend.........cxan someone explain???

[Lineman317]

Can’t believe they issued the dividend and no news after it, as Biden would say, come on man!!!!

[Antiochious]

Waiting on a potential update by EOY, they give a dividend and don’t follow up with anything is weird but I’m hopeful that they can release material information.

[Lineman317]

With a little update this would move quick

[Lineman317]

Ezen moves so easy just need some volume

[Lineman317]

This board been very quiet

[ANTI-BAGHOLDER]

Gotcha

[turn-around-king]

Date of record hold by date dividend

[ANTI-BAGHOLDER]

For what exactly?

[turn-around-king]

Today is the day

[Lineman317]

Some sort of update would be nice here, come on!!!

[Traderfan]

I still hold the qualified divi shares so I will be good either way. The big thing here wasn‘t necessarily the divi but the big move from 5-19 cents area after the announcement of which I captured most so no worries here.

[RealDutch]

Be wary here. They could still change the ex-date to September 2. And take the money out of your account if you don't qualify. I would say, Finra doesn't have a choice. But who am I.

[Traderfan]

Ah I got you. Yeah something was messed up here somehow.

[RealDutch]

Yes, I know. But they were too dam late with this one. The ex-date has to be one day after the pay-date. It's the rules. You could actually sue Finra for this. Or perhaps there is another exception that says there has to be 2 weeks between the record date and the pay/ex-date. Either way, it is a mess.

[Traderfan]

It‘s already paid out.

[RealDutch]

I think FINRA screwed up on this one.

The payment date was Sept 1. It was added to the Finra daily list on Sept 8. They set the ex=date on Sept 9. But the ex-date should have been Sept 2, one day after the pay-date.

Or perhaps the record date (Aug 25) was too close to the pay-date. Either way, the whole thing is a mess, as usual.

[Lineman317]

Received my dividend this morning, awesome, using it to purchase more EZEN

[ANTI-BAGHOLDER]

Agreed. I was just shocked the cash divvy was paid

[threewheeler]

but todays price w/o the divy is much cheapper than anyone that paid the .05-.20 and got the divy

[ANTI-BAGHOLDER]

That shows they are real. That’s the good news! Keeping an eye out for follow up news now..

[BNP31]

Well look at that. Good that they actually followed through on that for holders

[Traderfan]

Told you guys to give them a few days.

[ANTI-BAGHOLDER]

EZEN actually paid their cash dividends. Interesting...

[ANTI-BAGHOLDER]

Very nice!

[TimeFades]

Just got paid 7k in dividends now let’s pump her back up shall we nice to recoup some

[turn-around-king]

Just got my Dividend. 09/09/2020 17:15:22 QUALIFIED DIVIDEND (EZEN)

2,625.00

[CassieW]

This stock just doubled... on 50k volume? $500k MC? What’s up?!!

[BNP31]

Shouldn't they pay out the divis before they start the rumor will?

[turn-around-king]

Hearing big follow up news coming

[Traderfan]

I need to check but I think I didn‘t get anything yet. Gonna wait until after labor day and will then inquire with my broker to see if there is any paper trail about a divi coming.

[BNP31]

How about now?

[Antiochious]

I agree , it is what it is though, don’t trust anything on the otc unless it’s 100% verifiable, I don’t usually make mistakes like this anymore but it happens to all of us. I do hope the company has something to say but that was blatant fraud if it was out out by then. The share price tanking is one thing but not following through on the dividend is something else.

[TimeFades]

Comical at this point

[Traderfan]

Gotta wait a day or two before we judge them. I think pay date was yesterday or so.

[BNP31]

Didn't hold till the record date because chart broke, but would have hoped that at least those that held through it all got their divis. Really sad that the otc never fails to disappoint and scam.

[TimeFades]

Not sure what the end game is here but brutal to say the least for now

[Antiochious]

Looks like we got scammed... no dividend.

[Lineman317]

Nope not here

[BNP31]

Interested to know if Anybody got the dividend Or was that fluff?

[Traderfan]

If you already sold I think there is a good chance you won't get the divi. This is a special divi greater than 25% of the stock price. There are different rules for that.

https://en.wikipedia.org/wiki/Special_dividend

[ANTI-BAGHOLDER]

Yes agreed

[threewheeler]

yeap back off my watch list though as now no reason for many to hold, til next update