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Thursday, April 16, 2015 12:12:49 PM
This means a S-1 has to be filed with the SEC, and since this is a stock divi and distribution, the S-1 may have to be declared EFFECTIVE by the SEC because neither Futureland or HempTech has an S-1 registration under its name. If the S-1 is not declared effective, it means dividends cannot be distributed. Shares have to be registered in order to distribute and to make them free trading, otherwise the company is distributing unregistered securities without a proper SEC exemption that could justify the action.
I suspect that the record date might change over and over again.
formerly Ms. BB
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