Monday, July 14, 2014 6:21:53 PM
The above sounds like something Kerry would have added to the letter, which she may have written, and included in the terms of the "gift distribution" as it represents her sentiment and passion. She truly seems to believe that people who criticize a company online actually do "harm to the company, its shareholders or share price." Her business venture with Jason, CM Research, LLC, is based upon her beliefs/claims in this regard.
Public companies aren't allowed to announce a dividend or even this bizarre "gift distribution" and then have subjective reasons why people who qualify on the record date might be rejected.
What criteria is PVEC using to identify the parties the company claims do not qualify? Is it based on Kerry's opinions as to who is good and who is bad? How would the company know the names of shareholders who post on message boards? When people contact PVEC, are they asked to give their message board ID? This is an extremely bizarre exclusion.
This subjective criteria for excluding people from being eligible is completely inappropriate and may be illegal. It may also be the reason it is taking so long for people to receive their certificates. PVEC staff needs to first determine if they are ineligible for having ever made a negative post on a stock forum as apparently this could disqualify a shareholder from receiving the "gift disgtribution."
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