Calissio Resources Group Inc (CRGP)

[ParseRaider]

The distinction between quarterly dividends and special dividends is important. Quarterly dividends are paid out of retained earnings; special dividends are usually paid with cash generated by a windfall event. In this case, that might be the supposed sale of the San Pedro mine.

The definitions are specific, and companies are expected to get them right.

It would seem that under your definitions that I would have received 0.044 per share for the year which would have been way more than the company produced. And therefore the smaller 3% one would have been better for a regular divivend. The large one probably came from the windfall of the sale of the alleged mine. It seems they made a mistake in labeling the dividends but I think nothing criminal in doing that. It is common practise for a company to propose a dividend and then cancel it later due to problems with finances etc.

Funny how we always notice these things after a problem arises. If FINRA or SEC or even DTCC would have caught this before hand this part of this story could have been avoided. And with price tag of 4 million dollars... what percentage of the whole alleged fraud would this be?