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Re: Diogenes of Sinope post# 40449

Wednesday, 05/24/2017 3:33:00 PM

Wednesday, May 24, 2017 3:33:00 PM

Post# of 41463
Since the actual dividend spinoff shares needs to be registered with the SEC to become free trading, and since the process may take some time, we have decided to issue the (restricted) dividend shares and have them deposited into the shareholders account until such time the Company gets clearance from the SEC and FINRA. And at such time, the (restricted) shares in the shareholders account will automatically become free trading, hence tradable. Company is in the initial stages of the preparation of the S1 to be filed with the SEC.