Replies to post #4423 on ZNext Mining Corporation, Inc (ZNXT)

[janice shell]

Why are the common shares needed to be delivered in form of "hard copies = papers"?

It isn't the common that has to be delivered in cert form; it's the "preferred" issued as the divvy.

I don't know the reason for this, if in fact the report from Scottrade is true. The preferred doesn't have a ticker, but that's not necessarily an impediment: CMKX managed to distribute its CIM divvy in electronic form. CIM is a private company. But then maybe DTCC learned a lesson from that.

I wonder if it might also have to do with the fact that the TA, American Heritage, is Canadian.

[Australia]

I believe that I wrote in my previous posting that the preferred shares would be delivered as "hard copies".

This might be good as well because shares that were bought from NSS practices might not get the preferred shares as dividend (even for the shares were bought before the record date). I believe that PAIM already warned on this problem from its PR. At the end, it might prove or disprove PAIM's claim about NSS. It will be interesting to see the development.

Thus, If someone bought PAIM common stocks before the record date for the dividend and does not get the dividend because of NSS, can the person look for justice (e.g. sue an institution) which one? Is it hard to identify the culprit? All of these things are very interesting to me.

Again, thank you for the clarification and nice answer. I believe that if you write posting in nice ways and balance, people will thank you.

Aussie.