Calissio Resources Group Inc (CRGP)

[TheSittingtight1]

No divvies should have been paid on all the stock issued between the record date and the ex date. But they were, and that was DTCC's fault.

WOOWWWWW YA DON'T SAY??????

And yet suing DTCC seems to be the last thing COR or Alpine wants to do.

WOOWWWWW YA DON'T SAY??

Dividends Or Distributions
Less Than 25 Percent Of
Security Value
The first method, under
subparagraph(b)(1) of Rule 11140,
provides that for dividends or
distributions that are less than 25
percent of the value of the subject
security, the date designated as the
ex-date shall be the second
business day preceding the record
date. For example, if the issuer of
the security has announced a date
falling on a Thursday as the record
date of a distribution, the ex-date
will be on Tuesday, two days
earlier. The price of the stock is
adjusted downward on the ex-date
so that the amount of the
distribution is reflected in the
current stock price. Thus, in this business day after the payable
date. In this example, September 1
is the day on or after which a buyer
would purchase the security without
the dividend and, therefore, the day
on which the price of the stock is
adjusted downward. In this
example, a seller of the security on
August 15, even though the holder
of record to receive the dividend,
would have to relinquish the
dividend to the buyer. Indeed,
because the value of the security
on August 15 has not yet been
adjusted downward to reflect the
dividend distribution, the seller in
this example would be unjustly
enriched by keeping the dividend.
The seller would have received the
value of the dividend twice: first, as
fully reflected in the unadjusted
price of the stock on August 15;
and secondly, as subsequently paid
by the company to record date
holders.


This Notice reminds member firms
and their associated persons that
ex-dates are determined differently,
depending on the size of the
distribution. Current and historical
dividend information is maintained
by The Nasdaq Stock Market and
can be found on the Nasdaq Trader
Web Site at
www.nasdaqtrader.com/dailylist/
dl_di_ind.stm.


https://www.finra.org/sites/default/files/NoticeDocument/p003997.pdf


I owned shares that had the dividend attachment clarified by the DTCC threw TDA via the phone call I made. Did I have shares from COR'S crooked customer's? Don't know but there is NO
WAY I CAN BE HELD RESPONSIBLE for COR'S lack of understanding the RULES put in place by the SEC/DTCC/FINRA Ext Ext Ext........


I do at this time "Thank IHUB for standing up to protect my privacy as a registered member of the web site investorshub.advfn.com".

As a Investor I (WE) DID NOTHING WRONG........


ST and still holding shares worth NOTHING


Some one remind the judge about that.....

Onward