Friday, September 24, 2010 6:47:49 PM
This company has 143,824,700 Outstanding Shares.
They are promising a .10 cent dividend payment (with a 2 week notification to buy shares to get their dividend)
That is a dividend payout of $1,438,247
Their Q2 financial statement although profitable shows:
Sales $372,618
Expenses $126,281
Net profit of $246,337
Where did this company get the 1.4 million to pay shareholders im just a little confused.
Thanks!
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