You might be right, that's more or less what the lawyer told me.
Because there was no paper in the system before the f/s or dividend as he called it he doesn't think Rule 10b-17 applies.
Guess we should call NASD and check with them.
I told the lawyer about what we do as far as divvy and split plays, told him about GVRP.
He says "you're nearby, where are you", I told him, he says "I like your investment style, next time you're in Vancouver maybe we can have lunch. LOL
Also told him looks to me like the MM's are quoting it as pre split and there's no way this company should have a $90 million market cap....he agreed on that point.