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That’s how they are listed on TDA for me as well.
Earnings Release: Thursday, May 18, 2023, Before Market Open in New York
Conference Call and Webcast: Thursday, May 18, 2023, at 10:00 a.m. Eastern Time
GLYFADA, Greece, May 15, 2023 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that it will release its financial results for the first quarter ended March 31, 2023, prior to the open of the market in New York on Thursday, May 18, 2023.
United’s management will conduct a conference call and simultaneous Internet webcast to review these results at 10:00 A.M. (Eastern Time) on Thursday, May 18, 2023.
It’s a spin-off of assets.
https://www.finra.org/rules-guidance/rulebooks/finra-rules/11140#:~:text=(2)%20In%20respect%20to%20cash,day%20following%20the%20payable%20date.
(2) In respect to cash dividends or distributions, stock dividends and/or splits, and the distribution of warrants, which are 25% or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date.
It doesn’t matter about whether money has been taken from your account. What matters is the settlement. If trade doesn’t settle before the shareholder record date, you will not be on the list.
If you don’t buy it today you won’t get the dividend. Settlement date is T + 2 days so the only way you will be a shareholder on record is to buy today at the latest. Also, because of the 25% rule, you have to hold until the day after the payment date.
Am I correct that in order to get the dividend, you have to purchase the stock by tomorrow (T + 2) and then hold the stock until the day after the payment date, which would be 5/27/2023?
https://www.finra.org/rules-guidance/rulebooks/finra-rules/11140
(2) In respect to cash dividends or distributions, stock dividends and/or splits, and the distribution of warrants, which are 25% or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date.
This guy is so boring to listen to … here’s the link to the presentation.
https://emerginggrowth.com/emerging-growth-conference-54/
Umm uhh umm umm uhm umm ummm uhh uhh umm ummm umm
0.075 / share dividend paid.
HNRC ACQUIRES 40% INTEREST IN RHINO ENERGY PTY LTD
PR Newswire
HOUSTON, March 31, 2023
Updates shareholders on dividend and listing
HOUSTON, March 31, 2023 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("Company") announced today it has
acquired a 40% interest in Rhino Energy Pty Ltd.
Rhino Energy Pty Ltd is an Australian energy company with a focus on oil and gas development in North America. It is
headed by Messrs. David Whitby and Tom Fontaine. Mr. Whitby is the former Vice President of Heavy Oil for Husky Oil in
Canada and was the Managing Director of Australian Stock Exchange ("ASX") listed Nido Petroleum which grew under his
leadership from a market capitalization of (Australian) $1 million to $600 million during which he oversaw the
transitioning of Nido from pure explorer to producer. Mr. Whitby was also Project Director of the West Java Gas Project
with ConocoPhillips, Vice President of Corporate Development for Gulf Indonesia and President of Gulf (Australia)
Resources Limited. Mr. Whitby holds a Bachelor of Mechanical Engineering degree from the Royal Military College of
Canada.
Mr. Fontaine has 30 years of industry experience with an extensive oil and gas background including in primary CHOPS
production and horizontal well development as well as in enhanced recovery development with Husky in the Cold Lake and
Lloydminster areas of Alberta. Mr. Fontaine has been the founder or primary partner in numerous start-ups including Pure
Energy Resources, an ASX listed company which sold for over (Australian) $1 billion. He has also been a principal in
listing several companies on the ASX and has helped raise over (Australian) $100 million for exploration and development
projects. Mr. Fontaine holds a BSc. in Reservoir Engineering from the University of Alberta.
Rhino Energy's management team is rounded out by Messrs. Mike Mason and Gregor Mahwinney. Mr. Mason has over 35 years
of oil and gas experience including as former Regional Operations Manager for Apache in Egypt and Engineering VP and
Director of Petroleum Engineering in British Petroleum's Global Upstream Technology Group. Mr. Mahwinney has over 40
years of petroleum industry experience in both conventional and non-conventional oil operations. Mr. Mahwinney was a
former Field Manager in the North Sea and Country Manager in Yemen for Nexen Inc. and the Operations Manager in Ecuador
for Encana. Combined, the Rhino management team has been involved at a senior level in operated and non-operated assets
in 27 countries and managed production of 1.7 million BOEPD.
The company also announced that it has extended its letter of intent to acquire the 90.1% interest of Cunningham
Energy LLC. The transaction is expected to be completed in the second quarter.
The company expects the FINRA review to be completed in the near future providing for the payment of the dividend of
Worldwide Diversified Holdings, Inc ("WDHI") and the public listing of WDHI in the second quarter.
The company has engaged legal counsel, auditors and an underwriter for its listing on to NASDAQ which it expects to
file in the second quarter this year.
About Houston Natural Resources Corp
Houston Natural Resources Corp. (OTCMKTS: HNRC) (www.hnrcholdings.com) is a diversified energy company with oil and
gas interests as well as wastewater treatment facilities. The Halff Oil Field in Crockett County, Texas, has 83 oil
wells, with estimated 33 million barrels of oil and water treatment and appraised reserves of $69 million. The company
has acquired a 9.9% interest in Cunningham Energy LLC with appraised reserves of $352 million. The company will also
continue to seek new oil and gas and wastewater acquisitions as it focuses on creating more value for HNRC shareholders.
FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute
forward-looking statements and are not guarantees of future performance or results and involve a number of risks and
uncertainties.
View original content:https://www.prnewswire.com/news-releases/hnrc-acquires-40-interest-in-rhino-energy-pty-ltd-
301786783.html
SOURCE Houston Natural Resources Corp.
/CONTACT: Houston Natural Resources Corp, E-mail: frank@hnrcholdings.com, Houston Texas USA., Phone: (757) 707-4563
NEWS …
HOUSTON, Feb. 23, 2023 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNRC or the Company") has hired an attorney to file an SEC registration statement on behalf of its subsidiary Worldwide Diversified Holdings, Inc ("WDHI") for a public listing. The anticipated target listing price will be $3.50 per share. The shares in the previously announced spin-off of the non-energy assets included in the dividend program will be registered for trading on the open market. With a target listing of $3.50 per share, each HNRC shareholder will be issued one WDHI common share for every two HNRC common shares that were shareholders of record on December 16, 2022 equivalent to a $ 1.75 per HNRC common share stock dividend.
On December 5, 2022, HNRC filed the corporate action for review by FINRA to allow the company to issue the stock dividend of one WDHI shares for every two shares of HNRC held by the shareholder on the record date. FINRA has responded and HNRC has been consistently corresponding to complete this review process. The company will continue to keep its shareholders informed regarding this dividend event.
HNRC has hired an accounting advisory firm to assist HNRC with a two-year current audited statement which will allow for the company to apply for an up listing.
The company has also signed an agreement with an underwriting firm to complete an up listing for HNRC on to a major exchange in 2023. The $10 million dollar underwriting commitment for working capital to fund current operations, expansion and acquisitions.
HNRC expects to exceed their annual projections for the year ending 2022. The expected increase in 2022 revenue from $18,217,737 in 2021 and $9,523,634 in 2020.The expected increase in earnings for year ended in 2022 compared to $7,636,830 in 2021 and $2,973,320 in 2020.
The company intends to focus on realizing the value on the total of $1.15 per share in current appraised energy assets held by its subsidiaries for the benefit of the shareholders.
The company is evaluating additional acquisitions in the energy and energy services industry to provide value for shareholders.
About Houston Natural Resources Corp
Houston Natural Resources Corp (www.hnrcholdings.com) (OTC:HNRC). The company is a diversified holding company with business operations and investments. The portfolio companies include investments in energy, information technology and healthcare.
FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties.
If we don’t get dividend by June 1st, I will be filing a suspicion of fraud report with the SEC and will let them sort this out. Any reputable company would have filed with FINRA well in advance of the dividend date.
Sounds promising! Thank you for sharing.
Why am I not surprised. People realize they have to hold to get the dividend right?
I found info that does state the shorts pay cash dividend, but how does it work when a stock is the dividend? Presumably, the short seller does not have any of the new stock to give (especially in this case where the stock doesn’t actually exist yet)?
What the hell happened?
Still nobody talking about this? Still time to get before $1.00 dividend!
Nobody follow this one anymore? $1.00 per share cash dividend announced.
“United Maritime Corp. shares were up 12% to $3.37 Tuesday after the company said that its board of directors declared
a special cash dividend of $1 a share in connection with the recent profitable sale of its M/T Bluesea and M/T Parosea
vessels.
The international shipping company said the dividend is payable on or about Jan. 10 to the common shareholders of
record as of Dec. 12.
The vessels were delivered to the company in August and subsequently sold to an unaffiliated third party at a
significant premium. The M/T Parosea was delivered to its new owners on Nov. 8, and the delivery of the M/T Bluesea is
expected to be completed in early December.
The stock has more than doubled over the past three months.”
Company stop selling shares or something? Nice to see green.
And the price continues to fall …. Sad
Not a cash dividend. The whole PR focuses on dividend of shares.
Yet stock still falls lower. Maybe ppl bailing to get back in later this year instead of keeping $$ tied up?
I changed mine to 0.487 and got filled.
I’m confused. If the company profile is verified, why does the Company Profile on OTC Markets still point to a website that is no longer active and a defunct Twitter handle as opposed to the “supposed” new Twitter handle? Where is the proof that the “new” Twitter handle is the actual company?
What does 5k reference?
“We’re just days away from launching the greatest real estate initiative of all time.”
Curious … does the dividend rate drop for each additional share diluted to the market?
Personally I’m done “hitting the ask”. Every time I buy, the price just drops again.
1 share traded this morning? Seriously?
Every time there is good news, the stock drops. Every time I buy, the stock drops. What gives?
Does the company have to maintain $5 for x amount of days for the deal to go thru or did it just have to reach it?
How’s that $5 lookin?
I bought 1000 at 0.70 today, but guess I could have held out for lower. A shame to see it so low though :-/ Think company selling shares?
Massive volume again today! Where’s Jim?
0 volume today?
Was able to get some more shares under $1!
I still see it on TD Ameritrade
Who knows. Wish I could have bought them.
Don’t know what you’re looking at. I use TD Ameritrade and the recent news is showing up there; even today’s. Maybe try reinstalling the app. Mine is on iPhone.
My 2k shares at 1.65 just filled ... I don’t really understand why the price is dropping, but w/e