Replies to post #78798 on DD Support Board and Research Team

[Charlie48]

Thanks .. Does this sound right from their last pr?

VitaCig, Inc. S-1 Update

The company would like to update its shareholders on the VitaCig(R) Inc. dividend, spinoff, and IPO. The amended S-1 filed on September 29, 2014 received two comments from the Securities and Exchange Commission. Both comments were addressed in the amended S-1 filed on October 16, 2014. As per the original guidelines of the spinoff, the ex-date for the dividend will be the date the effective notice is declared by the Securities and Exchange Commission.


http://finance.yahoo.com/news/mcig-r-inc-omnicam-execute-131000859.html

This seems to take away their obligation to notify and enable them to say don' t sell or you'll miss it.

[tdbowieknife]

So what if a company says this in a PR about issuing a stock based divided in a R/M and then nothing is mentioned about the dividend again going on 8 weeks? Seems very odd to me to say something like this and not give the dividend rate or the company the stock dividend would be in.

From a 8/29 PR

As part of the changes in structure to the company the Board of Directors has negotiated a stock based dividend for all TREATY shareholders in PRIVCO. During a rollout period of the next 90 days, TREATY shareholders as of September 30, 2014 (or such date as the market regulators might determine), will receive shares of the common stock of PRIVCO at a rate to be determined subject to all regulatory approvals as are common to such transactions