ceo1--The 8-k doesn't list them as restricted shares but the original license agreement does. I know restricted shares cannot be sold but but giving them away as a dividend is not the same thing as selling them.
Restricted stocks can legally be gifted but the terms associated with the stock still applies. Giving Restricted shares as a dividend should be no different. Which brings us back to my belief that MFTH didn't think they were giving away the guarantee.
At this point I believe the company would be open to massive fraud lawsuits if they do not follow through with the repeatedly published and promoted dividend as they listed it in the 8-k filed with the SEC. Also, I believe filing a false SEC document would be a major problem for the company and the individuals that signed it.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.