News Focus
News Focus
icon url

gabeh

07/22/14 6:50 PM

#17317 RE: qtipjoe #17312

Well you've been calling for a dividend for a year and it hasn't happened. As for profit, their full year for 2013 ended in a loss so they're not in a position to pay a dividend based on that. The rest is hearsay as the company has gone dark.
icon url

agribusiness72

07/22/14 7:36 PM

#17325 RE: qtipjoe #17312

qtip, based on the latest financials, company lost almost a half a million dollars, yet preferred dividends still being paid, so where would the cash come from to pay the dividend to common shareholder? If a dividend is paid in shares then we know that's dilution, but since you claim they have the ability to pay a cash dividend, the financials do not back that up. So where is the cash coming from??