InvestorsHub Logo
Followers 20
Posts 775
Boards Moderated 0
Alias Born 02/21/2012

Re: loanranger post# 10740

Saturday, 01/18/2014 6:51:29 PM

Saturday, January 18, 2014 6:51:29 PM

Post# of 37358
Thanks for the DD. No doubt MDBX insiders are not happy about MDBX being discussed on the DD and fraud board you linked to, which is one of the less than 1% of iHub boards which focusses on serious research on potentially fraudulent companies.
Well, FINRA approved the GRLT 4 for 1 dividend of restricted shares a few months ago, so it will be interesting to see what happens with MDBX. There was no chart adjustments for the GRLT dividend, as it was not deemed to be a split. Recent collapse of the GRLT pps has been explained by the cheerleaders as the effect of the dividend being priced into the share price by the market. How convenient!
As I hold a short position in MDBX, I actually hope that they get approval for the restricted share dividend, as I believe it would hasten a return of the pps to a reasonable value, and there would be no pps adjustment when the dividend is issued.
Join InvestorsHub

Join the InvestorsHub Community

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.