Wednesday, December 13, 2006 9:54:00 AM
First, this is a pink sheet company. When was the last
time you ever heard of a pink sheet company paying a
dividend ?
Second, this is a development stage company. What on
earth are they thinking ? The last thing that a
development company should ever think of doing is paying
a dividend. The cash is needed to plow back into the
company.
The dividend, and the spin-off company that supposidly
goes with it, are nothing more than another future
opportunity for someone to sell stock to the unsuspecting
public and pocket the resulting cash.
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