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Re: Russ1725 post# 26536

Friday, 08/28/2015 12:34:12 AM

Friday, August 28, 2015 12:34:12 AM

Post# of 55051
This suite may not hold water. On June 16 when the dividend was announced, the proceeds to pay that dividend was based on the shares that where allotted the bill on June 30th.


June 16th stock price
O at .0252
H At .0297
L at .018
C at .0207

June 30th closing price
C at .009

.009+ 25%=0.01125
.009+ 24%=0.01116
.009+ 23%=0.01107
.009+ 22%=0.01098


.01125 or more would enact the Rule 11140 the company did not break any laws up to this point.....No malicious/intent to defraud

Now, it does gets tricky from there to Aug 18th. As far as the share buyback, it was announced 15 days Pryor to the div, announcement. so.

O well we shall see.
ST Good luck to all
ST