InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,833.60
(
0.98%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.54
(
-0.91%
)
Bitcoin
56,406.14
(
-1.01%
)
Post# of 130743
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Koog

Send PM Follow Ignore
Followers 54
Posts 6284
Boards Moderated 0
Alias Born 05/06/2007

Koog

Re: Atlanta1 post# 111689

Saturday, 11/19/2016 7:36:09 PM

Saturday, November 19, 2016 7:36:09 PM

Post# of 130743

I'm not sure it's legal to only gift the shares to shareholders who request it.


It would be patently illegal. The disbursement of shares in a new company (even if they are worthless) is still a form of dividend to shareholders on the record date (which Hayes hasn't bothered to state). All shareholders on the record date must be treated equally. Just like any other dividend. If Hayes wants to get involved with the SEC up close and personal quickly, this would be an excellent way to do it.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up