Golf Entertainment Group Inc (GLFE)

[bobdbeck]

I'm trying to understand how you can say we got "reamed" on the dividend. If you are invested in the company(s) and held your shares you now have a dividend increase between the two companies of approx. 10% over last quarter. The company has always stated the purpose of the spin off was to unlock the value of certain assets for the company (read MSR/Senior living) and with the unlocking of those assets the dividends would be rising.So far, so good. They are projecting .28 per quarter dividend for 3Q & 4Q. Is that getting reamed? Many other REITs have been/or will be cutting back their divvys. If you haven't sold any of the shares you're now ahead of the game with two companies with very bright futures. I too have a large position in my IRA and also substantial shares in my cash account. Personally I don't believe the tax issue is going to be that outrageous but we won't know that until the end of the year. Been in NCT since 2006 and looking forwards to similar pricing between the two companies in a couple of years. I've always had confidence in management since their successful navigation through the '08 real estate fiasco. That confidence is now being rewarded.

Respectfully,
Bob