Drone Services USA Inc. (DSUS)

[Gannicus]

* VDSC - this is well explained in my sticky

this is the tricky thing about the SPECIAL dividend...which makes it SO dangerous to shorts

VDSC Shares bought from July 10th until divi is paid out...technically come with the dividend as well...but NOT from the company...

....this dividend will technically be OWED to you by the person who sold you the VDSC shares (because THAT person WAS owner on record on July 12th by buying VDSC before EOD July 9th...and he was supposed to HOLD those shares until divi was paid out...but he didn't...so he FORFEITS the right to the dividend and now owes the dividend to whoever he sold his VDSC shares to)...how YOU will get that dividend, if you buy from July 10th until divi is paid out...is a matter of how your brokerage handles these matters...it may take a lot longer to get your dividend this way..it may take some legal action...the seller's brokerage may stall...who knows...

..IF you buy before EOD July 9th...you will get the dividend straight from the company with NO HASSLE on distribution day, which will probably be 2-3 weeks after record date...

this is why July 9th is important...

For SHORTS...they HAVE TO COVER by July 9th...but if they reshort on July 10th...they will STILL BE ON THE HOOK FOR THE DIVIDEND...

this is why this absolutely ANNIHILATES THE SHORTS!!!