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Re: StockGod post# 25216

Sunday, 12/21/2014 2:05:57 PM

Sunday, December 21, 2014 2:05:57 PM

Post# of 50064

"why the restriction? When the big boards give a dividend its seldom with restrictions. Pinks are just full of paper hanging ceos."

When the "big boards" (assuming this means stocks from DJI, NASDAQ, etc.) give out dividends, they usually give dividends in cash, not more shares of stock.

SEC Rule 144 is why stock is restricted when given as a dividend. Such shares cannot be traded for either 6 or 12 months after they are granred.