Avalon Technology Grp (fka AVLN)

[darth_trader_hsm]

I agree the record date isn't relevant because of this. And this is also why I think we haven't seen it on the daily list yet. I think it will be this week though.

From the NASD webpage here:

"http://nasd.complinet.com/nasd/display/display_display.html?rbid=1189&element_id=1159004115"...

"Sec 5.

* * * * *

Normal ex-dividend, ex-warrants dates

(b)(1) In respect to cash dividends or distributions, or stock dividends, and the issuance or distribution of warrants, which are less than 25% of the value of the subject security, [except as noted below,] if definitive information is received sufficiently in advance of the record date, the date designated as the "ex-dividend date" shall be the fourth business day preceding the record date if the record date falls on a business day, or the fifth business day preceding the record date if the record date falls on a day designated by the Committee as a non-delivery date.
(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. "