Wednesday, September 15, 2010 1:36:26 AM
In my opinion the reason why FINRA may be scrutinizing this forward split dividend deal so much is because of the past track record of the former CEO. If you really do some DD you will find out just how much he did to hurt the business, and in the end, he placed Ben in a VERY tough spot. Ben had real mess laid in his lap. I think he has done a pretty good job of handling it, but the obstacles he has had to try and overcome are bigger than many people really know all about.
A 2 for 1 forward split is very much a legitimate dividend. Many big board stocks use them also to reward shareholders. I am in no way comparing INIX to any big board stock, I am simply stating that a forward split is a totally legitimate dividend.
Whether or not the dividend ends up having actual value depends on how well the company handles things after the split takes place. Typically companies follow up a forward split with very big news to attempt to get the share price moving up. If the share price goes up after the split it is immediate additional money in everyone's account that did not come out of their own pockets. Hence, the dividend.
Time will tell how well this dividend in the form of a forward split works out.
"Sort of" is such a harmless thing to say. "Sort of". It's just a filler. "Sort of" - It doesn't really mean anything. But after certain things, "sort of" means everything. Like after "I love you" or "You're going to live" or "It's a boy".
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