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Re: Liuhisn post# 27497

Monday, 04/20/2015 7:24:48 PM

Monday, April 20, 2015 7:24:48 PM

Post# of 41468
True, but here is the trick. FWDG does not have to pay out dividends on these spin outs. There is no law that states that the company is obligated to pay dividends, and secondly because this is a stock dividend payment we have to keep in mind that shares of both Futureland and HempTech have to be registered with the Commission (SEC) in order for them to be free-trading, and the completion of the process (the "approval") is not up to FWDG. It has to be approved by the SEC (in other words, registration of shares declared effective).

The Company stated that if they weren't able to get the shares registered, they might issue restricted securities (unregistered shares) which is subject to a 6 month holding rule for a reporting issuer like FWDG as well as tacking rules.

Your broker--depending on who they are--will accept transfer of these restricted shares into your account and flag it, but may charge you additional fees to administer 144 on a sub-penny.

Hope this helps.

formerly Ms. BB

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