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Re: janice shell post# 26822

Friday, 08/28/2015 5:26:50 AM

Friday, August 28, 2015 5:26:50 AM

Post# of 54921
There was confusion in dividend paydates:

On June 16, 2015 PR Newswire 8:03 AM:
Company announces a Quarterly Cash Dividend of $0.011 a common share [ Approximately $1.3 million USD on 118,181,818 shares] payable to the holder of said stocks at close of business day June 30, 2015 payable on August 17,2015 .
Company ALSO approved a special stock dividend of 3% to the holder of said stocks at close of business day June 30, 2015 AND payable on August 17, 2015

IMO Recap: 1] Paydates and date of ownership set for both dividends.
2] 118,181,818 shares eligible for divis according to company [meaning outstanding or in circulation?]

A few PR's later:

On August 13,2015 PR Newswire 8:52 AM:
MAJOR importance here is the payment date for the quarterly cash dividend is set for August 17th, 2015 and reaffirms the date of record as being same for both on June 30, 2015 BUT does not say pay date for special dividend program 3%.This happened from June 1,2015 to August 12, 2015>

A few PR's later:

On August 20, 2015 3:06 PM:
1] Company announces that they paid the "previously announces cash and stock dividend." [singular not plural]"DTCC confirmed that funds were allocated to all participants"