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Re: Lucky Loser post# 16477

Wednesday, 08/22/2012 11:18:36 AM

Wednesday, August 22, 2012 11:18:36 AM

Post# of 163719


Hyperboy

This presents the perfect opportunity for you to boost your group, as the yield argument will never get better. Buy today and get two years of past dividends almost right away. The dividends in a year will be today's announced $.034 payable 6/14 + $.016 cash next month, plus next year's $.05, half cash. So that's $.10 or 20% yield for the upcoming 13 or 14 months.

It's actually overly generous of the company to pay 2 years of past dividends to new shareholders. I am sure this was the only way, or best way to honor their commitment for half the dividend being paid in a convertible note.

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