PHILD losing the D tomorrow 4/12

13:04 4/12/2012 PHILD PHI GROUP, INC. NEW Common Stock PHIL PHI GROUP, INC. Common Stock **

http://otcbb.com/asp/dailylist_detail.asp?d=04/11/2012&mkt_ctg=ALL

CAGTF, reg revoked

08:59 CAGTF China Agro-Technology Holdings, Ltd. (Ordinary Shares) Belize 4/9/2012 100 Registration Revoked by SEC

but then it had this

Notes
CAGTF was removed following a 12j revocation order from the SEC

cool, figured the divy shares would show up today. take a divy over a split anytime.

last few divys like this TDA has been taking 5 days to get shares, xdate 4/2 being day 1. did't realize today was a holiday so prolly show up monday.

I watch a lot of them, FS and RS, and its taking weeks for peop to get shares now, D comes off and they still don't have em, and thats 4 weeks.

I know you usually get shares quick, what about everyone else?

CLKZD losing the D monday 3/26

13:44 3/26/2012 CLKZD Clicker, Inc. NEW Common Stock CLKZ Clicker, Inc. Common Stock **

http://www.otcbb.com/asp/dailylist_detail.asp?d=03/23/2012&mkt_ctg=ALL

GALT 1-6 RS 3/23 tomorrow

12:58 GALT Galectin Therapeutics Inc. Common Stock 3/23/2012 100 Listed on NCM (GALT)**; Post 1-6 R/S; Pending offering

and moving to NCM

altho its really not necessary, you see it a lot and I think they're just trying to get it closer to paydate/xdate.

never happen !!

ya know, I don't know the tax consequences to us. believe I pay either way. there may be a benefit to the company ??? but I don't know that for sure

DTC thing is a big deal

was hoping it would actually be a divy just to keep them away.

doing the divy instead of an FS keeps DTC out of the picture. thats the big difference. been seeing a lot of companies going the divy route lately and I suspect it is for that reason.

DTC screwing up FS and RS both.

divy-split, not much difference, you will end up with 3 either way, the PPS WILL adj accordingly, where it actually trades who knows

divy 3-1 stk, forward split 3-1 F/S

with a divy, you keep the 1 you have, they give you 2 more exactly like it. no D added to symbol. DTC can't screw with it. PPS will adjust same as a split. everyone should have shares in 5-6 days including xdate. will depend on your broker.

with a forward split, something changes, usually the cusip. you have to exchange your 1 share for 3 NEW ones. D will be added for at least 20 trading days. PPS will adjust. DTC has been pulling the companys eligibility and making them reapply on splits. locks up shares for pre-split owners for weeks (2-6) with the norm being 5 1/2 wks.

divy is better way to go.

and yet another link

http://www.otcbb.com/asp/dividend.asp?sym_id=dnys

this one ya can use to search any stock. just substitute your symbol for dnys in the address bar.

another link to it

3/21/2012 12:44:32 PM|NBB|DNYS|Dynasty Limousine, Inc. Common Stock||3-1 stk|4/2/2012|3/19/2012|3/30/2012|Due Bill Redeemable Date: 04/04/2012


http://www.otcbb.com/dailylist/txthistory/di03212012.txt

changed the rec date to 3/19

its actually a divy, 2 shares for every 1 held. keep the one ya got get 2 more. everyone should have the new shares in 5-6 days after exdate. cool

DNYS 3-1 stk exdate 4/2

http://www.otcbb.com/asp/dividend.asp?sym_id=DNYS&dDate=4/2/2012&sDateType=ex_date

got a hold of Pierce, says "settlement day" is the paydate 3/30, which will make 4/2 the exdate.

just wondering, ya spose this "settlement date" they keep talking about is actually the ex-dividend date? I was assuming it was the paydate.

whats so tough about calling em what they really are?

ya got record date, paydate, ex-dividend date.

wow, amazing that FINRA was able to do this so quick. so record date 2/29, paydate 3/30, ex-dividend date 4/2.

BYRGD losing the D tomorrow 3/21

13:10 3/21/2012 BYRGD Buyer Group International Inc. NEW Common Stock BYRG Buyer Group International Inc. Common Stock **

http://www.otcbb.com/asp/dailylist_detail.asp?d=03/20/2012&mkt_ctg=ALL

he's answered his own question

2. If a shareholder was to sell their shares prior to settlement, they would not get the additional shares.

no they wouldn't, whoever buys em would, settlement being 3/30 (paydate)day before the exdate.LOL

yes, in that case, 3 days to settle works, BUT its still really that you are buying/owning the day before the exdate.

cash divys less than 25%, exdate is 2 days before the record date. in order to get the cash divy you would have to own it 3 days before the record date which is(once again) the day before the exdate.

http://www.otcbb.com/asp/dividend.asp?sym_id=FBIP&dDate=3/16/2012&sDateType=Record_date

here's a divy, 5-1 stk, doesn't quite meet those requirements. record date and paydate are the day before the ex-dividend date. if ya bot it on the record date you wouldn't be buying it 3 days before the exdate.

http://www.otcbb.com/asp/dividend.asp?sym_id=ASUV&dDate=3/12/2012&sDateType=Record_date

1) What is the actual last date one can buy shares and still get the 3-1?
the day before the ex-dividend date(which we don't know yet)which will also be the paydate in this instance

2) What date must you actually be holding shares to receive the 3-1?

the day before the ex-dividend date at the close

3) If someone bought their shares before the record date BUT sold their shares after the record date, do they still get the 3-1?
NO
if they bought before the record date, they would have to hold them through the day before the ex-dividend date at the close to get the dividend.
they could also buy them back before the ex-dividend date and get the divy

between the record date and the ex-dividend date the stock trades with the divy attached, you buy it-you get it.you sell it-you don't get it

that is a very good explanation of the "record date"

I like this the best

Again, the record date is meaningless.

company has requested FINRA make 3/30 the paydate. only way thats gonna happen is if FINRA makes 4/2 the exdate. I don't believe thats gonna happen. waitng on FINRA to do their thing now.

2/29 was the "record date" . there is a difference.

hasn't happened yet, still no exdate.

XMDCQ lost the Q today, BK case dismissed.

could run like ACNIQ/ACNI few weeks ago

have bot splits-divys many times when they show up on the daily list, which is usually the day before the xdate. never had a problem getting split shares.

point being, if its just a shell(which it doesn't sound like it is) you would still have a stock to trade. you wouldn't loose everything ya got in it.

I agree! maybe not to the moon, but maybe the satelite. these deals can fly. will be watching tomorrow.

I would guess, you don't see a correction tomorrow, that "BK case dismissed" stands

correct, but, FINRA has made mistakes in the past. they usually get corrected real quick.

oops, not sure I like this.

Our current plans do NOT include any type of reverse split or change in the company’s share structure.

when they start talking about an RS out of the blue like that ya can almost figure one's coming.LOL

looks like they chose to dismiss

It is management’s desire to seek either a dismissal from Bankruptcy court or to change the filing from a Chapter 7 to a Chapter 11

waist of time and money to continue with the BK case.

sounds like there's a company left