InvestorsHub Logo
Followers 0
Posts 3214
Boards Moderated 0
Alias Born 04/30/2010

Re: None

Wednesday, 04/16/2014 11:02:44 AM

Wednesday, April 16, 2014 11:02:44 AM

Post# of 102667
Companies like this make me shake my head!
You only issue a stock dividend if you feel your current share price is to high, and beginning to price out potential investors. This is going down to no bid just like every other company who's issued a stock dividend when it's already worthless. Not to mention, sec won't approve this stock dividend then management is gonna look like a bunch of idiots! All IMHO.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.