Grifco Inc (GFCI)

[cyofish]

smartest thing for JD to do is to pay-out cash in lieu of dividend. CTBG was trading for around $0.025 at the time of the dividend. So any remaining dividend owed would be paid out in cash value instead of shares.

17.75MM x 0.025 = $443,750, which would be his total cost to satisfy dividend.