InvestorsHub Logo

A77

Followers 4
Posts 177
Boards Moderated 0
Alias Born 09/30/2014

A77

Re: Agent92260 post# 104560

Tuesday, 08/21/2018 4:35:32 PM

Tuesday, August 21, 2018 4:35:32 PM

Post# of 105534
Plus the Tax advantages that may be there as stated in the Company PR a several days ago.


From the PR:
Chairman David Sandberg stated, "After consultation with external accounting and legal advisors, the Board has determined to wait until 2019 to make an initial cash distribution to shareholders. Doing so may allow CBAI to issue distributions in the form of tax-efficient returns of capital as opposed to a taxable dividend if issued in 2018."

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.