Once again if the company immediately put out a press release that the cash dividend was a mistake much of this would have been avoided. Instead they left shareholders hanging - and still are. Shareholders on this board were being told “not to look a gift horse in the mouth”, and to spend the money and to buy more shares. Not by you but by people that KNEW the cash dividend was a mistake. The reasons I am sure will be explained at a later date. If shareholders had done their own DD on this compNy they would have concluded it was a pump and dump insider enrichment scheme from the get go. How many press releases now of deals that never happened? Aiding and abetting schemes like this is the real problem here.
The stock plummeted as a result of the company not putting out a press release explaining the mistake. Add to that people who bought MORE shares with money they should have known was not theirs. Then the clawback begins and people need to sell those shares. At a discount now.
The company should be sued. And perhaps a suspension will cause all that to sink in when shareholders realize they’ve been lied to for YEARS now.
Can’t believe you don’t see you have been scammed by these clowns. Really.
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