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Re: snow post# 141954

Thursday, 07/12/2018 5:19:32 AM

Thursday, July 12, 2018 5:19:32 AM

Post# of 163718
We'll just have to hope that there is a plan behind the financing of the dividend, like pre-IPO or other means for TRW to repay the needed amount (which still is very modest). At this point I don't think Solomon has a choice - the cash dividend has to be paid. If they play it right they might delay it somewhat, but it has to be paid. They declared the cash policy to give some support to the PPS, so backing-down on it might unleash even more havoc than paying it with dilution (if that is the alternative, he might consider borrowing back the money he had SIAF repay him last year).

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