Monday, November 09, 2020 8:16:36 AM
I think "maybe" some people are not aware of this GEGP news released in an 8-K indicating their intention of releasing a dividend to us shareholders:
https://www.otcmarkets.com/filing/html?id=14386358&guid=I5geUKSxFG4r0th
I say "maybe" because the verdict is still out on what the magnitude of this dividend will be, or how it will be delivered, or if it will ever be delivered. I'm going to see what matures from this because I think it's worth the risk if they do deliver a huge successful dividend.
To "compare and contrast" with two other related "dividend" stocks... I was in UNGS a few years ago at .0001 per share with a huge OS. They released news of a dividend of GCAN shares that would be free trading. Not many from the market bought UNGS on confirmation of that news and it kind of faded into the sunset. But... they actually did deliver on the dividend with giving UNGS shareholders free trading shares of GCAN which traded with significant volume over .30+ per share. I could not believe my eyes when I looked into my account, but the shares were real.
I'm not sure of any details here regarding the dividend filed in the 8-K filed with the SEC by GEGP, but I think it is a Lotto Play until more is confirmed. I will say that I benefited far more from the dividend in GCAN shares than my original investment in UNGS. Only food for thought to consider when and if things begin to mature to such an interesting level.
v/r
Sterling
Exit Strategy & Etiquette Thoughts for a Stock
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I never give investing advice; only my beliefs for risks in a stock.
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