Monday, February 25, 2008 10:05:25 AM
Your answer to <<What I don't understand is, if the company needs funding, why pay out the stock as dividend. Why wouldn't DPBM sell the stock to fund operations, even if the new stock comes with a time restriction...
>>
Because the new stock is 144 restricted. It can't be sold right away. So, instead of having it sit as a DPBM asset, it is sent to the shareholders as THEIR asset.
Oh, and the largest holder of DPBM? heeheeheee.
WILF
So, instead of being an asset of DPBM, it is mostly going to Wilf's pocket. (Oh, and we get some too)
Think about it.
He can fold DPBM in the future (if we don't succeed in the DR)and he will STILL own part of a treasure huinting company. ANyont think of it THAT way?? (I bet WIlf has!)
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • DBGI • Nov 7, 2024 2:16 PM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • SBC • Nov 7, 2024 7:00 AM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM