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trades4days

06/22/17 2:52 PM

#113180 RE: Emilez #113179

If thats Peters main issue, I dont think we have any major issues at all then. I would rank financing the mega farm much more important of an issue.

RealDutch

06/23/17 6:08 AM

#113190 RE: Emilez #113179

The 10-Q said we will get an information statement. The weird thing is, they are asking for approval which may suggest an 8-k could suffice.

Here is one example of an 8-k. Issued the same day as the press release. Announcement was Nov 8. Record Date was Nov 18. Distribution date (payment date) was Nov 30.

http://www.osg.com/Cache/36608863.pdf

I still think they won't give us the ex-date. Which should be one day after the payment date. According to this document. But we'll see.

https://www.sec.gov/fast-answers/answers-dividenhtm.html

The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).



The reason why they won't give us the ex-date is because it's none of their business. Exchange rules set and determine the ex-date.

Anyway, what I wanted to say is, if it's an 8-k then we probably have 3 weeks until the ex-date. Big rally towards $5 at least in a short amount of time. Let's see how many people really want that dividend :-)