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h_man_investor

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h_man_investor

Re: MrchntDeth post# 262

Wednesday, 11/30/2011 3:29:26 PM

Wednesday, November 30, 2011 3:29:26 PM

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They've made only 1 dividend payment this year and that leaves about an estimated $1.75mm to be distributed for 2011 to avoid an excise tax.

It is my opinion that they will declare a dividend for the 4th quarter. History indicates that this will happen- although history was with the OTS and it's a crap show at the OCC.

Time is ticking- they gave until Feb 28th to have a solution or the bank will be liquidated.

Expect things to happen soon.
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