Replies to post #26566 on Calissio Resources Group Inc (CRGP)

[1manband]

Read the lawsuit again. Carefully.

It is all about the fact that CRGP paid dividends on shares which were not entitled to received the dividend. That means a LOT of shareholders got money to which they were not entitled.

The lawsuit also implies that CRGP never provided the full amount of the money paid out to common shareholders as dividends. Instead, DTC and the clearing firms did. Which means it is certainly possible that those dividends which shareholders received are going to disappear out of your accounts as they money was never paid by CRGP.

[TheSittingtight1]

msreddy7777, that is what the shorters where betting on. A large part of the 2.6 million dollars of dividends coming back to them to off set the dividend that they to had to pay on a stock that they shorted at .002. LOL.


9:52 am ET August 13, 2015 (PR Newswire)

The retirement of this stock reduced the total issued to 242,823,237 shares

242,823,237x .011= $2,671,055

9:03 am ET June 16, 2015 (PR Newswire)

Board of Directors approved a quarterly cash and share dividend. Its first quarterly cash dividend of approximately USD$1.3 million, or USD$0.011 per common share of the Company

1,300,000x .011= 118,181,818 shares as of June 30 to be paid dividend

I wonder what the real share count was as of Aug. 18th at 4:01pm was.

[Huggy Bear]

I am ALL IN including the dividend money

Sub penny stocks are sub penny for a very good reason. I hope it all does not go poof for you.

"The birds, the birds".....