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Very much appreciate your research and calculations!
HNRC stock is undervalued at the current price!
Might want to take a listen to this:
HNRC CEO Frank Kristan Talks Rhino Acquisition, Earnings Reports, and 2023 Energy Outlook
In addition ...
E-TRADE told me they did not discover an ex-dividend date ... probably because WDHI is a spinoff. The following from the SEC website (as posted previously by Rider76) is probably the actual situation:
"Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).
If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid."
If this is the case, then the last day to purchase for the dividend was 4/28. And, as stated above, we have to wait until the first day after the dividend is paid in order to sell HNRC stock without losing the dividend.
I truly believe we had basher manipulation last week. There was an effort to invoke panic and confusion to get people to sell and drive the price down after Wednesday. Chances are that manipulators were able to buy HNRC shares cheaply by Friday due to the confusion surrounding the ex-dividend date.
The immorality and unethical behavior in the OTC and on these boards is astounding.
Thanks!
There was just way too much confusion (and negativity) surrounding this dividend. I figured the brokers could tell me what was going on much better than a guy named Wayne.
Here's what I understand ...
If the ex-dividend date was 4/27, then any shares bought that day and on the 28th (and afterward) do not receive the dividend on May 26.
Any shares purchased 4/26 and prior receive the dividend as stated. It's just that you have to hold on to the HNRC shares until May 26 (and I believe that you cannot sell the WDHI shares until the 27th). This is a spinoff (confirmed by E-Trade, by the way), so HNRC does not go away. Market price of HNRC will depend on the company's performance and what the market feels it is worth. Currently, it appears that the company is making money. Also, the spinoff included certain assets that are supposed to make the WDHI shares worth what was stated:
HNRC Shareholders of record on April 28, 2023 will receive one share of Worldwide Diversified Holdings, Inc ("WDHI") for every two shares of HNRC. The trading of the WDHI shares will be subject to a registration statement being approved by the SEC. It is anticipated that the initial price of the WDHI shares will be $3.50 per share, representing a $1.75 per HNRC share dividend.
The Company has previously announced that, effective December 16, 2022, the Board of Directors has approved the transfer of the non-energy investments of $53,307,324 in exchange for common shares of Worldwide Diversified Holdings, Inc ("WDHI").
If the ex-dividend date is May 27, then shares of HNRC purchased by the record date April 28 receive the dividend, but I am not clear as to when/what can be sold after the 26th in that case.
My main concern was purchasing before the 27th to assure that I would not miss the dividend in case the ex-dividend date was 4/27.
HNRC = market price
WDHI = supposedly $3.50 when issued.
I checked with E-Trade today ...
I grew tired of all the bashing and misinformation about the dividend and the dates, so I called E-Trade today and was on the phone with them for 15 minutes as the back office got involved in researching and confirming the truth about this stock and the dividend.
E-Trade confirmed that once you purchase the stock, it technically is yours. In this case, they do not see or know of the ex-dividend date and it is probably because of the following:
"The second method, for dividends or distributions that are 25% or greater of the value of the stock, sets the ex-dividend date as the first business day after the payment date, making that the date the stock goes ex-dividend with the price adjusted down. In this case, the regulation provides that the owner of record who sells the stock before the ex-dividend date has to relinquish the dividend to the buyer. This is to prevent the seller from receiving the value of the dividend twice."
They told me that since I purchased the bulk of my shares on the 26th that I am in. Absolutely. No settlement BS. If the normal ex-dividend date was in effect, then that date would be April 27th and shares purchased on the 27th and 28th might not be considered in time. However, if the above rule applies, then the ex-dividend date is May 27th.
Bottom line ... and E-Trade confirms that this goes for all brokers ... if you purchased by April 26th, you own the shares. Period. The deadline was not the 25th. If the ex-dividend date is May 27th, then purchases made on April 27th and 28th also qualified.
The confusion about the ex-dividend date is probably why the stock price dropped on Thursday. However, the second method for dividends is probably the real situation and shares purchased on April 27th and 28th likely qualify for the dividend.
As for the technicality regarding purchasing, I will believe E-Trade over a guy named Wayne anyday.
No kidding!
The U.S. should have had this sort of thing years ago. This shows me that the South Koreans are serious about the future and about the environment. Glad to be invested here. MEDIUM will be huge!
Example
Regarding Korea ...
Check this out:
Talk about progressive!
Does anyone recall ...
a penny stock which I believe was a lithium play that ran from pennies to $10 within the past 10 years? I am almost sure it was a lithium stock. Could have even been before 2010.
Past your bedtime, decomeds
Chill out and take a vacation from this stock.
You are obviously bashing to get back in.
Still checking ...
http://otce.finra.org/DLSymbolNameChanges
From my experience with FDA approvals ...
They are often announced on Mondays early in the morning.
Yes ...
and why don't you explain to the audience why he was arrested.
From DD, it appears it was for false charges and he was acquitted.
Nice try.
That stock was ...
HGS* back in 2009
Went from around $3.00 on Friday, then announcement came early Monday morning, shot up to $12.00+ and then about $25.00+ a couple weeks later.
I would be thrilled if we saw USRM go to $1.00 on approval and then I can see it heading to $3.00 to $5.00 in the following weeks.
Many FDA decisions are posted on Monday mornings.
From my experience. I once bought in on one for $3.00 on Friday as everyone was waiting. Monday morning -- got it! And then up to $12.00 that day and into the mid 20s two weeks later and then a buy out. It's a rush!
You should not speak out of ignorance.
I never have traded OTC stocks after hours because the broker I have used for years -- TDA -- doesn't allow it. HOWEVER, TDA confirmed that it occurs and all depends on the brokerage. Make some calls and get educated.
Sorry, dude, but TDA confirmed it.
I will take their expertise and confirmation over you assumption. The rep told me it depends on the brokerage firm.
And, yes, Dorothy ...
penny stocks can trade after hours. TDA confirmed it!
ALERT!!
Just talked to TDAmeritrade.
Eight trades after hours just like the pic shows.
1,511,000+ shares bought, from .039 up to .07
Very interesting!
My guess ...
FDA RATD approval news on Friday.
Hit piece is a blatant attempt to lower prices by someone wanting shares tomorrow or shorts wanting to exit quickly. Someone has info we don't have yet.
Hi, Schlumpy! I can help ...
More than five years ago I checked into what you are looking for because I have a slight tear in my meniscus in both knees. I am athletic (weightlift, swim, hike, etc.) and I cannot do leg presses anymore because my knees will hurt in that area, and if I ever try to swim a sidestroke I will really irritate the meniscus area.
I found a clinic that seemed to be the first major one out in the Western USA who addressed this problem with stem cell therapy and was successful. Regenexx in Colorado between Denver and Boulder. See them at http://www.regenexx.com/ This was 5 to 7 years ago when I first inquired. It then was priced about $7,000 per knee and recovery took about four weeks. I haven't had it done yet, because I couldn't afford it at the time and I opted to stop doing leg presses and sidestrokes. I have been okay in past years, but when I have the time and the money, I am going to go ahead and get it done.
I am really excited about USRM becoming more recognized and successful because this is the future way to heal many ailments/injuries. This is why Warren Buffet and other big investors are sinking money into stem cell companies.
Please let me know what you find out.
Best wishes,
Chessman
Correct URL ...
Everett Jolly Interviews Dr. Chris Otiko, CEO
Headquarters are located at ...
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292.
Phone: 310-496-5744 | Fax: 310-943-1457
We know what you are doing.
You basically don't know what you are talking about. The stock is mostly about the delivery system for the healing medication for diabetic ulcers, but you are trying to turn it around and focus on other systems he is also trying to develop. I think most people here can smell your stinking game and will ignore you.
Sell and move on.
Thin on L2
Like I said ...
Bear raid. Group effort. News is pending.
.01 Wall is gone!
There is a wall at .01 ...
and it's there because someone does not want it to go higher until the news is out. Time to break down that wall!
Fred,
Any idea when this actually could end?
I know many of us feel the payoff should be more, but it doesn't matter what anyone wants, it's a done deal and someone just has to press a button or sign a piece of paper. There has to be something holding it up if we have already passed the five-year mark not too long ago. Fred must have someone on the inside who can give us an accurate timeline. This has got to be the ultimate exercise of patience in the market -- knowing the money is there but just waiting day after day for someone to send it out.
Gap filled. Here we go!
Fred ...
I think some of us were caught off-guard by your sophistication and posting of a profound work of prose.
I speak for myself, but possibly for others ...
Bravo, thanks and appreciate your postings!
Now I almost regret ...
not stopping in on Kimmie while I was in Denver. Damn!
Thanks, but ...
I jest. Fred seems like a very sincere human being and I have enjoyed his posts and his attempts to keep us all informed. It would have been nice to meet him while I was in Denver, but I understand if he has to keep a low profile (wink, wink).
Please, Fred, keep pushing to get this over and get us paid!
Well, shareholders ...
I tried. Wife came down with appendicitis south of Denver and I had to get her to a hospital. Then a couple days afterwards we headed to Denver. Once in Denver, we didn't go close to downtown until Sunday and all I had a chance to do was take a pic of the bank where Guy is supposed to be the big cheese.
My wife almost divorced me when I had to visit the bank. Told her I was trying to see if I could meet Fred there and she asked me if "Fred" was a woman and I told her I wasn't sure. Oh man, that did not go over well with her at all.
So, I wanted to get downtown to track down Guy but didn't work out like I planned. Heading out of Denver today. Just hoping Guy and "Fred" can pull some strings and get us some dollas.
Okay, then ...
whose door should I knock on if i can get to downtown Denver? Who might be available or accessible to give us that one bit of info revealing when and how much?
Fred may know, but he is not telling. Maybe Guy knows?
Okay, Fred ...
Thanks for the summary update. I am in Colorado now working my way to the Denver area. I want to go by Kimmie's law firm and see if I can get a report from her. I emailed her and let her know I intend to drop by.
Is it worth visiting her now? You are supposedly the expert here. As a Trustee, isn't she obligated to give shareholders access to reports/updates?
Please, Fred, give me your opinion about dropping in on her.
TIA
And where is Guy?
Is he at a bank with a window office?
Anybody have an address?
I am wondering the same thing and ...
that is why I am going to make an attempt to go to the Federal Building to visit Kimmie while I am in Denver later this week. I will try my best to make it by to see her and ask her about her obligation to keep the shareholders updated and if she can give me an update as to how much money is left over after her excessive billing hours.
Who knows -- maybe she has seen Fred around?!