Fortress Financial Group fka FFGO

[JPD3]

"...(2) In respect to cash dividends or distributions, stock dividends and/or splits, and the distribution of warrants, which are 25% or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date..."

http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=3772

Ok, now I am confused bigly..LOL! It says above that the 25% rule applys to stock dividends as well?!?!?!?

Or does this apply if the stock dividend is of the SAME security and of greater than 25% of that security? Ie. FFGO gives a divis of more ffgo shares and the amt is great than 25%of current share price??? And since this divi is a divi in another security, the 25%rule no longer applies....Correct?

-PD