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Re: pxxpy7 post# 57358

Wednesday, 05/20/2009 9:28:40 AM

Wednesday, May 20, 2009 9:28:40 AM

Post# of 76394
You are incorrect. Check the news. It was a preferred dividend to be payed to holders of record sometime in January, and it never happened.

Also, a preferred dividend and a F/S are not the same thing.

I will let the other posters on the board defend the decision by the company not to pay the dividend which will likely include an explanation that they decided to do a F/S because it is "better" because the preferred shares would have been restricted for a year. That is BS, and AMNE needed to either do a F/S, a R/S, or authorize and issue a ton of extra shares so they could follow through on their Paradigm deal. They decided to do #1 and #3.

Talk amongst yourselves.