InvestorsHub Logo

elkonig

11/16/16 9:13 PM

#62021 RE: miestro #62019

You mean just like the dividend nobody got from USMJ in July/August of 2015. Why do you think the ding dongs operating this scam dont have USMJ registered with the SEC.

TenKay

11/16/16 9:15 PM

#62022 RE: miestro #62019

ARTS is revoked. As for the dividend, assuming that FINRA approves it, they will issue paper certs. But here is what happens, since it is right out of the stinkie pinkie playbook...shareholders will have to PAY to get the certs. Likely over $100...I have seen some companies try to charge $250. Then when they get the certs they will try to deposit them with their broker and their broker will tell them that they won't accept OTC pink certs for deposit. So the only choice will be to open an account with Wilson Davis or Scottsdale and pay huge fees to get them deposited.

Most will give up and not do it.

Company makes money on the cert delivery, they get a pump from the "divvy" narrative and very little of the divvy stock enters the float.

Seen it all before many times.

flaflyersfan

11/17/16 1:16 AM

#62036 RE: miestro #62019

miestro, USMJ has announced a PURA dividend twice before it was approved by FINRA. EOM