as much as I like 2Lates cash divi idea,
there's one downside to it, imo, and that is even if the company had the money to payout a cash divi on 525 million shares (it's figured using the OS, just for you Huntewr7, using your figure of .10 cents times 525 million gives ya 52.5 million bucks, if you have that kicking around, can I be your friend?lol! Yes TM owns more than half of that but even if he 'returned' his share it still amounts to 25 million or so using .10, big bucks imo) then if this route was taken before trading started it would almost certainly prevent BCIT from ever trading again, IMO.
Yes it would show who's short and who has to come up with the divi, but the powers that be seem to be balking about trading now would only just get worse, and I for one don't expect them to change anytime soon given their track record with this stock.
Now, once the stock trades again officially and THEN a cash divi was issued, even for a small amount say .01 or less, it would then have the desired effect, and it wouldn't cause anymore problems as any short that couldn't cover would have to pay it, as usual. The pps runup before the ex-divi date would be a sight to behold with the short here!
Timing is everything.
Since so many laws have been ignored or 'temporarily suspended' with BCIT, I believe the powers that be would just continue ignoring them and make things worse, if that's possible, and if this type of action was begun before the stock trades.
All imo~
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