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Re: Ed the Trader post# 39574

Thursday, 04/17/2014 12:16:38 PM

Thursday, April 17, 2014 12:16:38 PM

Post# of 66261
There is a process, and I certainly do not know what it is (but I know that it exists by virtue of having received my shares of USEI), such that a stock issuer can reach out to all shareholders or record on a certain date, and issue additional shares to those shareholders.

It's called "paying a stock dividend". The company must send a corporate action request to FINRA, and FINRA must process it. And the dividend must be paid to ALL shareholders.