FutureLand Corp (FUTL)

[ImNotSurprised]

It's no different now, then it was back then, except for a new crop of 'investors' (I'm sorry, but I have trouble using the word 'investor' here...)

Here's another example for you (I gave you the info on AMPS Electric, you're welcome...)

This is from an 8K dated August 14 of this year:

On August 10 th , 2017, FutureLand Corp. (FUTL) board of directors have decided to provide yearly or quarterly dividend to its shareholders from the crop yields of its grow facilities around the country, beginning with its Oregon property. The dividend will be in the form of cash and depending on the property and yield may be given yearly or quarterly. We are working on a process unique to the industry to make our shareholders partners in our grow facilities by offering dividend and or part ownership of the facilities. We believe this will differentiate us from all other companies in the space and offer our shareholders hedge against stock price decline. More information will be provided through press release as available.

Everybody's touting this, saying 'Hooray!! Hooray!! This company is amazing!!'

7 Days Later, on August 21st, the 10Q comes out, with this tucked inside all the text:

Because we do not intend to pay any cash dividends on our Common Stock, our stockholders will not be able to receive a return on their shares unless they sell them.

We intend to retain any future earnings to finance the development and expansion of our business. We do not anticipate paying any cash dividends on our Common Stock in the foreseeable future. Declaring and paying future dividends, if any, will be determined by our Board, based upon earnings, financial condition, capital resources, capital requirements, restrictions in our Articles of Incorporation, contractual restrictions, and such other factors as our Board deems relevant. Unless we pay dividends, our stockholders will not be able to receive a return on their shares unless they sell them. There is no assurance that stockholders will be able to sell shares when desired.

So they say they'll be paying out cash dividends in an 8K, then a week later, in the 10Q, say they won't be for the foreseeable future.

Makes that email Deep6 posted look more relevant now, doesn't it?