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1. No "post"
2. Not "this sunday/Monday"
3. No "detailed plan"
4. No "definitely"
There is an old joke:
- How do you know a politician is lying?
- His mouth is moving.
Acquire could also mean that the HERB shareholders were paid with shares in the new merged company, listed on the SSE?
Apparently FINRA still has got additional questions and this may take some time, according to an email from the company tonight. The company has followed the 10 day notice prior to the record date, but the process seems to take longer than expected.
"...on or around September 28..."
Leaning more towards "around" for every minute that goes without an entry on the daily list.
I do now, finally
A bit like "before this year (2020) ends" moved to "before January 15" moved to "in March" moved to "in July" moved to "before September 28" moved to ....never.
To be able to answer your question, I would need to undertake a sort of investigations that I simply will not. At the time I was using it, I just placed it under my lip, no more, no less. A word of warning though, it is significantly harder to give up than regular smoking. Beware.
Seems like they did it again, a last minute paint down to 0.075.
Edit: Uuups, back up to 0.1645. A good day, indeed.
When we get HERB and the Equity Art-stock dividend onto the FINRA Daily List, should we expect all the details of the Company offering to buy our spun-off shares back, with price and time schedules etc included in the same documentation? Or will that be communicated separately somehow?
Don't underestimate the IBKR-accounts, snow
"nobody can buy"
I do appreciate your patience to share your insights with us all regarding record dates, pay dates etc. It may have saved a lot of people a lot of money. If we actually receive the dividend this time, that is.
8 days
12 days
They have given us a date. They will probably not deliver sooner than that.
"if they don't deliver very soon."
This week, or possibly next, we will hear something from FINRA. An entry on the FINRA Daily List, bearing positive news, will push the share price north. Will this be the last week when HERB trades below 10 cents?
Add to that dividend certificates and disclosure documentation on or around September 28 and this vessel could be set to take off, once for all.
Two exciting weeks ahead.
There is still an element of "if it sounds too good to be true..." in this. Even if they invested close to $1/share three years ago, the turnout of the investment could be negative. What are the chances that a 6 cent stock would yield a $2 dividend? Pretty much unheard of, I guess. I am trying to manage my expectations and will be happy to get 10 cents/share. Everything above that is a bonus.
So let's see some action, snow. 0 shares traded so far. Show us the way. You will not regret it.
I don't think anyone is very confident until the dividend is in our brokerage accounts. But we are all hoping that they will make it happen this time.
The thing is, you are not confident. And we all know, that you will not file your financials this time either.
But why do you keep telling people over and over again that you will file your financials? And then you don't.
I am not.
"I am sure you are working on it"
Nope.
Well, some Monday maybe, but not this one.
"...why give us multiple false hopes on filling"
What's new?
I think they will. In due course.
Don't do that. Sit tight. Have faith.
I appreciate your patience to explain this to us over and over again, RD, because I know you have done it quite a few times by now. And still I must admit I am having a hard time to get hold of it.
But it makes me very happy to hear that the shares I bought after the record date, May 15, will also qualify for the dividend until FINRA has announced the ex-date. I have good reasons to believe the dividend is coming our way, even if it takes longer than we had hoped for.
Would DTCC sell their services and expertise to HERB and not make sure that HERB are aware of the basic facts regarding a dividend distribution? Naah.
Three months ago? Then why would HZ say, on the 1 July, that they are working on the spin-off, but it takes longer than anticipated?
It has been forwarded from HERB to DTCC. The process is underway.
Not holding my breath on that one either.
17k shares @0.0675 - thank you.
53 weeks later...that website is probably going to be an impressive creation, given the time it is taking to design it.
And another 15 ahead.
"We are legally advised to file May 2021 and May 2020 and we will....
Beginning tomorrow within 45 days we have to file...and we will...
10k should be filed within 60 days....but we are targeting it for July 15..."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164115750
I don't call my fellow investor friends things like "naive". We make different judgements based on our perception of a company or the market. When it comes to ITUP I simply cannot put my money with a CEO that time after time proves his word being worth zero.
With HERB it is a different thing for me. I believe they have huge assets and they need to create value, for their shareholders - for themselves, that is.
Both bets are a huge risk when looking at it from the outside and my bet is that the risk/reward in HERB is more attractive than with ITUP. Nevertheless I wish that all ITUP-shareholders will make a nice profit on their investment. Even if I fear that the ITUP saga will end in tears.
I think they are encouraging. For years we have not heard from the company. Suddenly they confirm via email to several shareholders that the dividend and the filings are on track to be finalized within the coming two weeks. They have already screwed up big time, first by going dark and then by screwing up the payments of the promised stock dividend in May. I don't think they intend to screw us once more.
The question is, how can we sell the stock we receive and exchange it for cash if the company they spin off is not publicly traded?
Two very exciting weeks ahead. In 17 days we will know; euphoria or disappointment.