The following is a conversation I have had over the past few days with one of my accounts holding SRGE shares. (RBC Direct investing - in Canada) I have x'ed out names and certain personal information. Also, the emails read bottom-to-top.
To : XXXXXXXXXXXX
From : RBC Direct Investing
Subject : RE: Other Inquiries
Date : 3 Jan 2013 19:13:46
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Dear Mr. XXXXXXXX,
Thank you for your response. My name is XXXX and I am happy to assist you further.
I have sent off an inquiry regarding the dividend payment under Case # XXXXXXXXXXXX. As soon as I have a response, I will let you know. Responses are usually received within 1 to 2 business days.
Mr. XXXXXXXX, thank you for contacting us. We do appreciate your business.
Sincerely,
XXXXXXXXXXXXX | National Client Liaison Team | RBC Direct Investing
-----Original Message-----
Sent: 3 Jan 2013 02:30:28
From: XXXXXXXXXXXXXXXXXXXXX
To: RBC Direct Investing
Subject: RE: Other Inquiries
Quotes and Research (tab)
Detailed Quote (tab) ................. on RBC Direct Investing has an ex-dividend date of Dec. 19, 2012 with a dividend of 0.0002/share.
There are rumors that this stock is naked short sold and since it just changed market tiers to grey market I am skeptical as to why it did not show or post to my account.
SRGE PR'ed it through PR Newswire and here is a link to Bloomberg...
www.bloomberg.com/article/2012-12-18/abKtjZFPKtXo.html
Southridge Declares Fourth Quarter Cash Dividend
PR Newswire
DALLAS, Dec. 18, 2012
DALLAS, Dec. 18, 2012 /PRNewswire/ -- Southridge Enterprises Inc. (PINKSHEETS:
SRGE) ("Southridge" or the "Company") is pleased to announce today that
Southridge Minerals, Inc., its wholly owned subsidiary, today announced a cash
dividend of $0.0002 per common share, payable on December 28, 2012 to
shareholders of record at the close of business December 21, 2012. The
dividend represents a payout of approximately 8% of the recently reported
fourth quarter net income.
"We just posted our 4th Quarter Earnings, and felt that it was important for
the company to reward shareholders in a timely fashion," said Michael Davies,
President and CEO of Southridge Enterprises Inc. "The past year has been
monumental for the Company, and getting our dividend distributed before the
end of the year is a statement. We are very proud of all that has been
accomplished over the past 12 months, and more importantly look forward to
continuing our efforts build upon the foundation that was established in
2012."
Unfortunately SRGE's news link on their website has not been updated with this information or I would link that for you.
Please reply ASAP as this is of great importance to me regarding accuracy of statements from the company and information posted right here on RBC Direct Investing.
Thankyou,
XXXXXXXXXXXXXXXXXX
-----Original Message-----
Sent: 31 Dec 2012 15:27:43
From: RBC Direct Investing
To: XXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Subject: RE: Other Inquiries
Dear Mr. XXXXXXXXXXX,
My name is XXXXXXX and I'd be happy to help you with your question about your dividend payment.
Upon reviewing the stock in questions, I see that there was no dividend payment scheduled for December 28, 2012. The last dividend payment I was able to find on record was paid on November 22, 2012 and the payment is visible in your account.
If you have further details about another dividend payment, please provide full details and links to the company site that states this information.
Mr. XXXXXXX, thank you for contacting us. If you'd like more help with the dividend payment or anything else, just ask in a reply to this e-mail or call us at 1-800-769-2560 - Monday to Friday from 7:00 a.m. to 8:00 p.m. Eastern Time.
Sincerely,
XXXXXXXXXXXX | National Client Liaison Team | RBC Direct Investing
RBC Direct Investing Inc.* and Royal Bank of Canada are separate corporate entities which are affiliated. RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or sale of any securities. Investors are responsible for their own investment decisions. RBC Direct Investing is a business name used by RBC Direct Investing Inc. *Member-Canadian Investor Protection Fund. ® / Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Used under licence. © Royal Bank of Canada 2012. All rights reserved.
-----Original Message-----
Sent: 29 Dec 2012 14:32:45
From: XXXXXXXXXXXXXXXXXXXXXX
To: RBC Direct Investing
Subject: Other Inquiries
Dividends
My SRGE shares should have had a dividend paid out yesterday...it is not in my account.
Please explain.
XXXXXXXXXXXXXXXX
AI
