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diarch

06/05/16 2:47 PM

#32418 RE: nealg #32416

nealg-one might wonder what KB had in mind "...all of our shareholders who have supported our efforts and fought the battle with us. We are fully committed to shortly rewarding their patience, investment and encouragement."
I harbored no expectation of a dividend, possibly guilty of overreaction to the latest PR as to allocation of the (sealed) settlement.
Some of today's post confirm the eye on the prize horizon is Nevada near term and expected sales.

plutoniumimplosion

06/05/16 5:16 PM

#32428 RE: nealg #32416

"Even if they kept 50 or 75 million for contingency purposes, they could have given the last 25 million, in this example, back to the shareholders and it wouldn't compromise the product launch or the company. I would be ok with that scenario. And it would be a reward for the many of the shareholders that have hung on through the lean times."

Here we go, the cash dividend again. It is no wonder KB took the money and put it out of reach of bad people and people with hairbrained ideas.

Shareholders' reward? What could you possibly be thinking of? And what standing do you have to be "OK with it?" I think shareholders should be grateful that KB has decided to invest the money in the company, and not himself. And by the way, if he decided to take the cash as a bonus he would be entitled.

1mort

06/05/16 7:02 PM

#32431 RE: nealg #32416

If you have less than say a million shares - and a % is a special dividend - this firm does not pay in a way that that dividend can be valuable to anyone - they end up being worthless - if you have a chance to meet someone from the care decision, or insta care days you would know. If they did a special dividend - I would sell out until the time passed, then buy back in.

Better they keep and invest the funds. thank you for your comments. GLA

Charlie Stein

06/05/16 11:32 PM

#32438 RE: nealg #32416

The settlement was probably less than $100,000.