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Where did you acquire this information from? what filling? you said the words at least which is a guess and not based on factual information. not to say new shares did not hit the markets, I relay would not doubt that. TIA
ST
mjersey, are you positive the shares where on the 19? the reason I ask is I have a friend that bought a extremely large block on the 19 and did not get divy on those shares. Who is your broker if you don't mind me asking?
OBrien, I bought 1 block on Aug 13 and then another on Monday the 17th at TDA. This morning my account was credited 3029.40 from a dividend payed by CRGP. Please do a little more DD on rule 11140 (b) (2). there are a few people having issues with brokers already. I have multiple posts you can go look at about talking to FINRA,Broker and D.T.C.C. You are right in a sense that if the share it's self did not go threw the June 30th date and entered the market in July it did not have the attachment of the due bill. It does seem that every share people acquired all the way up to the 18 Aug had the attachment of the due bill.
Have a great nite
jazz, if they give you any crap call FINRA and see if you can speak to Jessica in the dividend department. If not, explain to whom ever and I'm sure it is noted in there computer. Jessica knew all about it before I got her on the phone.. Please let us know how it turns out for you if you would. Good luck and have a great weekend. ;) Remember to use the Nasdaq Rule 11140(b)(2) and have your broker look it up.
ST
jazz, you should get the divy. please read post #14814 follow what i did and don’t let them tell you that you needed to be in by the June date.........
Deez, are you saying I can't? Right now with share structure as of 13th the ratio would put it at .72 So you have to do the math. it's simple math.
ST
Short??? haahaa. better than that is the company still buying shares up. With today's volume of 323,426,430 20% would be 64,685,286. Any one want to take a guess on how many they retired just today?
just for giggles lets say 50 million at a average of say .004
50,000,000X.004= $200,000 now we know that the PR said they bought up another 35,634,860 as of the 20th (yesterday) We also know as of the 13 there was 242,823,237 issued. We also know that the BOD authorized up to $1.5 million to repurchase their stock.
As of yesterdays close the issued would have been 207,188,377
242,823,237-35,634,860= 207,188,377
Now all this to date (yesterday) cost the company a total consideration of USD $486,922.00. for 131,384,860 common shares. that would leave $1,013,078 to continue buying shares. We subtract the $200k from the $1,013,078 and they are still left $8013k to buy more of the 157,188,377 that would be left IF they bought 50 million out of the market today.
If the volume stays high all next week, the company could buy almost all of it's stock out of the market except mine.. LOL The potential full buyback would have to take place at around .00517 or less just depending how low starting Monday they can buy them.
now if this was a perfect scenario, by mid week this stock could be trading what was left (say 30 to 50 million) on the table way over dollars or even tens of dollars.
That is what is exciting going into next week and waiting on PR updates as to the buy back and corporate happenings.. LOL
It has been one hell of a ride so far. Have a great week end all.
Sitting Tight
Can some one tell me
20% of volume is 50,241,950 how many of the 50.2m do you think the company is buying????? LOL Lets see, they still have about $1 million authorized for repurchase and lets say the average is .0038. so .0038x50241950=$175,846.825 WOW that will leave them around $824,153.175 to buy up more next week.. LOL I see 15 to 20 in our future. IMO
ST
TD A MAKING MILLIONS Dear XXXX,
The dividend on CRGP if allocated from the company will pay to all shareholders who held prior to 8-19-15 which was exdividend date. The rate is stated at .011 and we expect it to pay no earlier than 8-24. Please let me know if you have any additional questions.
Regards,
James Cudd
Apex Client Services, TD Ameritrade
TD Ameritrade, Inc.
The best part of the high volume is that the PR yesterday confirmed that the company is still buying back shares... 20% of volume a day they are allowed... keep flipping boyzzzzz...
chuck that chart out for the next week or two.. lol
Dolphin, how does that chart look now? is it telling you to hold till the .25 range? LOL
June 1, 2015 (PR Newswire) Board of Directors has authorized a share repurchase program of up to $1.5 million of the Company's outstanding common shares.
August 13, 2015 (PR Newswire)
The retirement of this stock reduced the total issued to 242,823,237 shares, greatly increasing the ownership percentage of the Company's public shareholders
August 20, 2015 (PR Newswire)
Calissio purchased 35,634,860 of its shares at an average price of $0.0021 per share. The total number of shares repurchased under this program to date is 131,384,860 common shares for a total consideration of USD$486,922.00.
242,823,237- 35,634,860=207,188,377
1,500,000-486,922=1,013,078
Now take $1,013,078/.0025=405,231,200 HELLO theoretically the company can buy back the entire O/S and 200M shorts.. LMAO
NEWS FLASH (PR Newswire) If you are short, bend over an kiss it all good buy.... no pun intended....
Can't wait to see the next PR of the buy back. Numbers don't lie.
ST
Just off the phone with TD A. Was told by noon today div. should be in account... T= Tortoise D= doing A= ass strokes... LOL :(
ST
Stang, 18th or before with due bill.. attached
akbenhossen, I was told just after 4 today that TD has received the money and in the proses of allocating funds now to shareholders. He believes it should be in next 24h.
ST
TSM the company might not look like the big boys right now but the way this turned out I would not thing that the shorter's want to play here any more. Small boy brought BIG STICK. LOL OUCH that is going to leave a mark.....
ST
Well that answered my question... LOL Good to hear. hope you get the rest.
ST
Steev, like I posted a little while ago, after doing more DD on Ex dates you would have had to hold shares on and at the close of the 18th and those shares would have had to have a due bill attached.
muffins, I did some more DD on ex date and I posted you could buy on ex date which was wrong.(sorry) Since you acquired shares on the 18th you may be entitled to a dividend. Please read my post from yesterday post# 15129 follow the proses I went though and you may find that some or all the shares you have hold the DUE BILL. DoLphin did and got all his divys. Good luck
ST
Green did yours get pulled back?
Power, if you want to find out today then you should do what FINRA advised me to do with my broker. A friend of mine called this morning and found that he will be paid on about half the shares he purchased since last Friday.
confuciussay, please do your self a favour and read some of my previous post in reference to the due bill. As I understand it, yesterday was the last day you could buy a share that could have had a due bill attached to it and get the dividend. You will not know if you don't ask.
ST
Although the wording is slightly different, the meaning is the same.
This can be very confusing, having the ex-dividend date after the payment date. To further confuse things, in such circumstances, any shareholders of record who sell their shares before a deferred ex-dividend date also sell the right to receive the dividend. This is not optional to the seller, it is mandatory. The right to receive the dividend is contained in an attachment to the sold shares and that attachment is called a due bill.
The payment of a dividend via due bills is quite unlike a normal dividend payment. Shares that are purchased after the record date but before the deferred ex-date (the due bill period) are traded with a due bill attached. The chain of events that begins on the payment date works like this: The dividend is first paid to the shareholder of record, then, on the due bill settlement date, which is commonly two trading days after the ex-date, the dividend is withdrawn from the account of the shareholder of record who sold the shares during the due bill period and is then paid to the shareholder who bought the shares during the due bill period.
Only if the shares held the due bill. not all shares bought and sold today have it.
weed, stervc was told that today was the cut off at 4 pm. today but the shares you bought must have the due bill attached. read my other post. You must call. Not all shares hold the bill
ST
Re:****TD A and all other brokers****
I am re posting this. A must to get a correct answer from your broker...
Don't let them tell you this is a standard dividend. All 5 people I spoke with had no idea what the 25% rule was. Nasdaq Rule 11140(b)(2)
FINRA Call Center: (301) 590-6500 Jessica in dividend department
TheSittingtight1 Wednesday, 08/19/15 05:41:17 PM
Re: robert90 post# 14814
Post # of 15137
OK, I had enough of not knowing for my self.......
Here it is.
I spoke with TD A last night. The person that i talked to could not answer my question as to the due bill being attached to my shares. She recommended that I call FINRA and ask them how to determine if the attachment was there.
Called finra and spoke to Megan then Cindy and then to Jessica. In the conversation I had with Jessica I was told #1 that as of yesterday that if the dividend was 25% or greater than the closing stock price than Nasdaq Rule 11140(b)(2) did apply to the dividend. She could not tell me if the due bill was attached to the shares I purchased Thursday last week and Monday this week. She said I need to call my broker and ask them to call the D.T.C.C. to confirm that the shares I held in my account had the due bill attached.
I called TD A and spoke with a gentleman by the name of Hamza and explained that I just got off the phone with FINRA and explained Nasdaq Rule 11140(b)(2) and Jessica said that he need to call the D.T.C.C. and find out if my shares held the attachment. After a five minute hold Hamza came back and told me that the two blocks of shares in my account did in fact hold the due bill attachment. The D.T.C.C. told him that it could take up to two to three weeks for it to show up in my account.
That is it in a nut shell... PERIOD... Now I would like to take this monument and thank the person that sold me their shares with the due bill attached. Thank you.
ST
misiu, just a few million??? lol don't let them rob you.. make sure they call the dtcc period.
and you are welcome,
ST
misiu, they told me three time the same thing till I had them call the DTCC and check if the shares in my account had the divy attached. I would suggest you do the same thing. No harm, no foul. That was the instructions that where given to me by Jessica at FINRA.
ST
misiu, FINRA Call Center: (301) 590-6500
TD Ameritrade 800-669-3900
Code, I spoke with 5 client service people at TD A since Monday and not one of them was aware of the 25% rule so I chose not to trust them. 3 of them said I will not receive any divy. 1 I got disconnected with and the 5 one made a call confirming the dividend..
ST
3% share divy has no ex date so unless you had shares in June you will not receive the 3%. as for the attachment you can wait to see but I personally do not trust any broker. That is why I called FINRA once TD A could not give me a answer as when I asked how to find out if my shares had attachment on them...
ST
YES all shares bought up till 4 pm today you could have purchased but the shares must have come from someone who held them on June 26 or the 30 I'm not sure of what date. must be attached with bill though. Jessica with FINRA said broker must call DTCC to determine if bill is attached..............
st
Power, read post #14858 you must have your broker call the dtcc to determine if the share blocks held the due bill attachment.
ST
One thing is for sure, margin call are a b*tch.. lol I will not shed one tear for the ones who got caught..
ST with my divy. lol all the way to the bank
OK, I had enough of not knowing for my self.......
Here it is.
I spoke with TD A last night. The person that i talked to could not answer my question as to the due bill being attached to my shares. She recommended that I call FINRA and ask them how to determine if the attachment was there.
Called finra and spoke to Megan then Cindy and then to Jessica. In the conversation I had with Jessica I was told #1 that as of yesterday that if the dividend was 25% or greater than the closing stock price than Nasdaq Rule 11140(b)(2) did apply to the dividend. She could not tell me if the due bill was attached to the shares I purchased Thursday last week and Monday this week. She said I need to call my broker and ask them to call the D.T.C.C. to confirm that the shares I held in my account had the due bill attached.
I called TD A and spoke with a gentleman by the name of Hamza and explained that I just got off the phone with FINRA and explained Nasdaq Rule 11140(b)(2) and Jessica said that he need to call the D.T.C.C. and find out if my shares held the attachment. After a five minute hold Hamza came back and told me that the two blocks of shares in my account did in fact hole the due bill attachment. The D.T.C.C. told him that it could take up to two to three weeks for it to show up in my account.
That is it in a nut shell... PERIOD... Now I would like to take this monument and thank the person that sold me their shares with the due bill attached. Thank you.
ST
Bear, what does IR stand for? I personally know dolphin and I called him last Thursday to have him look into this company and the financials. Unfortunately his computer is on the blink with a virus. As of last Friday he took a position in this stock so that makes him an INVESTOR of Calissio Resources Group Inc. in witch I do believe gives him the right to ask questions to the companies INVESTORS RELATIONS department.
Now as to the TD Ameritrade post he posted this morning, I am the one that spoke to three different associates in the customer department and was told by all three that there was no calender dividend expected today. They all said that there was no way for them to confirm it would/was taking place. Dolphin is good people, when you get a chance DD his profile and you will see what I am saying. That's all I have to say about that..
Hope you and all here do well with their investment and trading.
Have a great week,
ST
TheSittingtight1 Friday, 08/14/15 09:11:40 PM
Re: TheSittingtight1 post# 12022
Post # of 12338
SummerMan,Also conciser yesterday and today the company could have taken off the table in the two days of trading apx 44,881,324 and 25,373,036 what would amount to 70,254,360 more shares at the 20% of the daily volume the last two days. hypothetically speaking of course. That would reduce the issued shares to 172,568,877.
You also have to consider that out of all the shares out there, there are only X amount that have the dividend attached to them as of June 30th.
If in the buy back, those shares went to the company and retired the divy need not be paid on them. It would be nice to know how many shareholders and shares where out at the close of June 30th.
It all sounds to good to be true, BUT if the company is not scamming, this is going to get very exiting around here the next few trading days IMO only
We defiantly need more information from the company.
Just my observation with what the company has told the investing public. Have a great weekend folks...;)
The perfect storm......... 2004 all over again but with a positive cash flow... LOL
We shall see, sounds to good to be true but stranger things have happened
TheSittingtight1 Friday, 08/14/15 08:37:09 PM
Re: TheSummerMan post# 12014
Post # of 12337
SummerMan, It's not ruined IF the company was to finish the buy back using the $1,088,000 let of the $1.5m authorized by BOD for the buy back. At the price this stock is trading at it would take $630k to repurchase the entire O/S.
I do agree that this company sounds to good to be true but stranger things have happened.
Re:
8:46 am ET June 1, 2015 (PR Newswire)
Calissio Resources Group Inc. (CRGP) ("Calissio" or the "Company") is pleased to announce today that its Board of Directors has authorized a share repurchase program of up to $1.5 million of the Company's outstanding common shares
PR Aug. 13, 2015 /PRNewswire/
Further to the share buy back program announced on June 01, 2015, that during the period from June 01, 2015 until August 12, 2015, Calissio purchased 95,750,000 of its shares at an average price of $0.0043 per share. The total number of shares repurchased under this program to date is 95,750,000 common shares for a total consideration of USD $411,725.00.
The retirement of this stock reduced the total issued to 242,823,237 shares, greatly increasing the ownership percentage of the Company's public shareholders," said Adam Carter, President and CEO.
$1,500,00-$411,725= $1,088,275
$1,088,275/242,823,237= 0.00448
242,823,237x .0026 (today's close) = $631,340.41
But like I said, sounds to good to be true but hypothetically the numbers will work. leaving $456,934 of the authorized 1.5M for buy back