Charge Enterprises Inc (fka CRGEQ)

[buckets]

IMO not tomorrow but hopefully soon. I haven't been blindly bashing when I say we need a filing first. Here is an example of another company that did a stock dividend. Obviously it isn't exactly the same but you will see that there are key dates that are always released in this type of filing. These numbers are what are important to us as microcap investors.


Item 8.01 Other Events

Final Approval for Distribution of Stock Dividend.

On June 6, 2011, the Company passed a new Resolution to distribute a common stock dividend to our shareholders on a 10 for 1 basis. This new Resolution cancels and supersedes the previous one for the stock dividend that was approved by the Board of Directors on March 18, 2011. This change was made for legal and administrative reasons, and was conditioned upon final acceptance by FINRA. Therefore, the final documentation for the dividend was required to be modified and re-submitted to Corporate Stock Transfer, (the transfer agent), and to the Financial Industry Regulatory Authority (FINRA) for final notification. The Company received the final notification and confirmation from FINRA on June 8, 2011 announcing the final approval to distribute the common stock dividend to our shareholders. The final notification is posted on FINRA’s, OTC Bulletin Board website at www.otcbb.com , under the tab “Daily List”, and the “Headlines By Date”, 2011 Daily List Index for dividends for June 8, 2011.

The Company will issue one share of common stock for every ten shares of common stock held by the shareholders of record in accordance with the following information and time frames;


a.
Declaration Date: June 6, 2011 - Date the Board of Directors formally authorized the dividend.

b.
Ex-Dividend Date: June 29, 2011 – The ex-dividend date is set by FINRA. You must have purchased your stock at least one day before the ex-dividend date, (on or before June 28, 2011, the in-dividend date), to be a shareholder of record, and be entitled to the dividend. This allows for three stock trading days prior to the date of record for the settlement of the stock purchase.

c.
Record Date: July 1, 2011 - The dividend shall be distributed only to registered “shareholders of record” on or before this date.

d.
Payment Date: July 8, 2011 – Final date of payment or distribution of the dividend to the shareholders of record.


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7990302

I hope that helps make sense of one of our missing pieces.