IMO, the divvy will come through. I've seen no evidence to suggest they will try to defraud us in that area. As to the timing, it probably won't be as soon as we wish. These things invariably take longer than planned.
My one caveat is that dilution may occur. If our shares are restricted this could be devastating. I'm holding onto the belief that Good Life will be trying to sign up its club member/customers as shareholders. in that event, I tend to believe dilution will be minimal. Remember, these shareholders will be your customers. You'll have to face them everyday. Nothing like the threat of a Chinese peasant revolt to keep you focused on treating people fairly.
All in my opinion, of course. Has anyone heard anyhting about Good Life attempting to market shares to its retail customers, or possibly employee stock ownership plans?