Replies to post #338 on XLI Technologies Inc. (fka XLIT)

[philwil]

And I actually read them including 27A and a lot of case law. Applies to factors outside of the control of management or the company. In this case, such cancellations do not fall outside the control of the company.

Such a reversal would fall outside the reasonable protections of the Act.

"We will declare a $0.20 dividend."

and then subsequently

"We changed our mind"

would result in a class action. Same situation here IMO.