Southridge Enterprises Inc (SRGE)

[Jamesmobile]

My dividend was also taken back out of my E-Trade account. E-Trade stated that it takes a few days, or more, after a dividend is paid to them for them to release the funds to shareholders. If E-Trade paid out dividends before the brokerage received the funds, they would go out of business. This leaves to question how the brokerages can pay out a dividend and then dig right back into the account to take the dividend back out. The dividend would not have been paid without the funds being received. Does that mean that SRGE can reclaim the funds after it already paid them, or is there some malpractice going on with the brokerage firms, using the suspension as an excuse to pull the dividend back? Just some food for thought. I have been paid many dividends in the past and only when those funds had been paid out. I have never had one taken back out.