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Re: Texbanker post# 28247

Wednesday, 03/30/2011 4:02:27 PM

Wednesday, March 30, 2011 4:02:27 PM

Post# of 34471
I really don't believe what I posted, it's just one of many possibilities and I only posted it to show how anyone can come up with a reasonable conspiracy.

But if you delve into what I said further, the regular dividend will be in June and it translates to a total of $3.5 million in dividends paid out. (I don't know how much of the company the Lin's own, but I thought I read somewhere they own about 50%). Then in August is when they issue the special dividend and that is $19.4 million.

So if they do in fact own 50% of the company they will end up receiving about $11.5 million by august.

I got the info from here:

http://www.hkexnews.hk/listedco/listconews/sehk/20110328/LTN20110328375.pdf


The one thing I will say is that it is complete BS that others have said they are pulling money away from CCME to funnel it into paying this dividend. That statement is just ridiculous. If they really wanted to funnel money out of CCME they would just pay a special dividend to CCME shareholders. A trading halt doesn't stop that does it? CCME insiders own a higher % of CCME than they do with WIYU.

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