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Re: e-ore post# 3111

Friday, 10/22/2021 11:33:35 PM

Friday, October 22, 2021 11:33:35 PM

Post# of 3176
e-ore,

Remember only stock holders as of October 11th will benefit from the one time cash payout. I am not sure any additions to your holding will be paid the special dividend. They could just say all share holders as of October 11th will get the dividend. This could mean the person you buy share from will get the dividend. Not good.

The way I figure, the buyer will hold 90% of 1 million OS shares of ASNB. (that is after a 1 to 50 reverse stock split.

That leaves 100k OS shares to split $200k of funds or a $2.00 special dividend.

Anyone who could get a $2.00 special dividend by buying 50 shares for $0.033 per share would surely be moving on it. $2.00 for a $1.65 invested? Not a bad rate of return. That is if those shares you added to an existing holding get fair treatment.

Looking forward to seeing how this works out.