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Re: starthewonderpup post# 1059

Monday, 02/28/2005 4:41:10 PM

Monday, February 28, 2005 4:41:10 PM

Post# of 4978
Nobody said the SNDH dividend was not taxable, just that the recipients do not incur any tax liability until they sell the shares and receive cash. As to the delivery of this dividend, it is up to the transfer agent to get it to the HQNT shareholders and that can take longer than some people expect. This was the case with the HNST dividend paid in December but we did finally receive the dividend shares. What is most interesting here is that SNDH has moved from a low of .30 to $1.01 so far since the dividend was announced. HQNT shorts will have to buy SNDH instead of receiving it and they may have to pay more and more the longer they wait. One of the shorts seems to have given in and paid the $1.01 ask today. Other HQNT shorts may envy the one today soon.
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