Savvy Trades and Investments

[hweb2]

Saw this in the MIND 10Q-

We declared and paid the dividend on the Preferred Stock for the quarter ended October 31, 2023 which amounted to approximately $947,000. However, accumulated and undeclared dividends amount to approximately $4.7 million as of October 31, 2023. Management does not believe that current operations can simultaneously fund the capital requirements of the ongoing business, as discussed above, as well as ongoing or accumulated dividends related to the Preferred Stock. Accordingly, although no firm decisions have been made, management currently believes it is unlikely that the Company will declare dividends on the Preferred Stock for the foreseeable future.

This one def more of a gamble. But I can see this low floater shooting higher with that monster backlog. On the right PR in this crazy hot market.