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Re: Mikey post# 54449

Thursday, 09/23/2010 11:23:54 PM

Thursday, September 23, 2010 11:23:54 PM

Post# of 111214
Did you guys check this out?.....i posted it last week on the news....was anyone able to confirm this?

xbigshot1 Share Thursday, September 16, 2010 4:30:28 PM
Re: None Post # of 60700

re: dividends........it the dividend is a 'cash' dividend the shorts would be required to cover.........if in fact, the retained earnings of 30% do not meet the .10 pps price, the divy will be a 10% dividend of shareholder i/o via share distribution and if thats the case, short covering is not required....only on 'cash' dividends is covering required.......they will probably use the retained earnings to purchase the additional shares and distribute to shareholder of record on said date.....this 'appears' to be a 'divy' rather than a forward split.....i have a call into mr. kelly to get clarification......either way, when a 'dividend' is declared all brokers will be pinged for the absolute correct shares held......this would include nobo an obo.....all of them!

this is actually a pretty smooth move!

i am pretty sure all the above is correct.......