Snow - it's amazing that you don't understand!
But let's play your game, as twisted as it is.
1. Let's say that someone gets 50k of BVIG restricted on June 15th.
2. Let's say that the restriction is 1 year.
3. During that year, I can still freely trade my KATX shares, but I cannot trade my BVIG dividend shares until the restriction is removed.
4. Let's take two scenarios:
Scenario 1: BVIG is worth only .10/share
Secenario 2: BVIG is worth $3/share.
In Scenario 1, if I want to trade BVIG, I will have a nominal fee (I think it's $100 or less) to activate my shares after restriction period is over.
50,000 shares at .10 = $5,000 - $100 for removal and I net $4,900 - FREE MONEY
In Scenario 2, if I want to trade BVIG, then it's
50,000 shares at $3 = $150,000 - $100 and I net $149,900 - FREE MONEY
Now tell me where this is a bad deal?!?!