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don't let me be the cause I'm holding just like acmg till the end
Well if anything it's in the hole anyways gonna take alot of cash to fill the hole that a long term holder is in
I don't know....that's what I asking? Is it?
is it illegal or are you just saying that?
I'd like to see a list of holders that get paid the divy....it's only 250,000....we'll see what the transfer agent says
I got a feeling this is headed lower......
I've had shares since 5/25/2008.....I guess I don't qualify....that sucks!
MonArc Corporation (MONA) to Issue 20c Cash Dividend
BEIJING, Oct 07, 2008 /PRNewswire-FirstCall via COMTEX/ -- MonArc Corporation,
http://www.monacorporation.com, (MONA.PK) after the market closed today,
announced that it will be distributing a 20 cent (twenty cent) per share dividend
to shareholders who have continuously held company stock since September 30,
2005.
The Company has allocated up to $250,000 to fund these dividends, which are
expected to be issued before the end of the fourth quarter this year.
Corporate Secretary Garr Winters advised, "We have consistently maintained that
we want long-term shareholders to be rewarded for their loyalty. This is in no
small way a concrete demonstration of this commitment. We feel that the stock is
trading well below its potential, and this is one manner for us to address the
issue. We are also advised that this dividend payout may temporarily rein in the
current short position we feel exists. Moving forward on a long term basis and
with our 15c211 documents virtually days away from being filed (which to those
unfamiliar with this process will bring us into compliance of being a solicited
issuer), may put a damper on these future activities.
"We are working with the transfer agent to work out the specific details of the
dividend such as the 'date of record' and the 'ex-dividend date' or 'ex-date.' We
will be announcing further details shortly."
This is 1 of 5 dividends the issuer intends to pay to its shareholders, in stock
and or cash on or before December 31, 2008.
Safe Harbour statement under the Private Securities Litigation Reform Act of
1995: Certain forward information contained in this release contains
forward-looking statements that involve risk and uncertainties, including but not
limited to, those relating to development and expansion activities, domestic and
global conditions, and market competition.
CONTACT: CONTACT: corporate@monarccorporation.com, Tel: (702) 508-4172, Investor
Relations
SOURCE MonArc Corporation (MONA)
Copyright (C) 2008 PR Newswire. All rights reserved
there is no arguing.....
Good luck
Authorized Shares
Think it'll return to triple zeros before it goes back up?
That's not what he said
okay thanks but I'll sit on the sidelines on this one
I got in just before I found out they raised the AS...
LOL.....I missed it...
if they have something up there sleeve they are keeping quiet increased the A/S but haven't really sold alot of shares...sure would love to see a surprise divy come from this one
Yeah I have a feeling there is going to be a RS with that one I was trying to buy yesterday at .008 but wouldn't touch it now....
LOL....good luck....I'd just put in a 1/4 of that and see how it goes
I'm gonna wait until I find out what the updated OS is
damn.....
quite a drop glad I didn't buy much
I get like .007 per share if it were cash
well as long as I get included in the dd that's fine...I read the letter so we'll see what happens....
Let's hope it never goes there but with greed you never know what could happen
yeah I hear you keeping an eye on it........
yeah before it was glcc it was tlgc and it was trading at 1.00....I expect LDSR to R/S when the merge is complete
Everything that goes must come down....
New Hampshire in that picture
yeah acmg turned into a real winner would have been better off buying usse at least I would have something left
Personally don't expect much....hold very little but I think it's timing and this one might pop a little if what they say is true...
I'm waiting for a reply according to what they say now it could be 2 to 4 weeks....
I don't know all I know is I don't have much left after the R/S so I don't expect much from this
Yeah....I'm thinking of cashing out myself but most is in bonds now so I play a little....
Man I missed the preferred divy....what did it end up being worth anyways?
I really hope you are right....I didn't buy Birman managed care I bought Alcar....if it is Birman I want my money back!
okay Bill I'll follow your advice and not stray off but AURC does look inviting at this low price
ahhh....I Think I'd rather have them prove what they say considering the stock buy back followed by massive dilution
This has already gone up 500%
Well....wonder what the inside scoop is? Anybody?