their auditor wont sign off for FINRA that theres a finite issued capital outstanding and as such, theres no spinoff since theres no way to quantify the pro-rata distribution. scam foiled again! their best new scam is to IPO their skanky triway deal (that they have no control over) and hold those shares "for sale" to reverse capitalize the scam otc shell that they are. wait for the announcement thats what they would have to do.... but nobody will represent them as investment bankers. nobody. nobody wants the scam fraud liability.
New Record Date: The new Record Date will March 01, 2019, subject to FINRA’s approval;
They don't need FINRA's approval for a Record Date. FINRA doesn't even "approve" anything.
I looked into your PHIL a little while ago. I think it's a scam in the sense that they are doing this stuff deliberately. Well, they have a bunch of worthless assets so who can blame them. But they also set the pay date well into the future (in the past). They do all of this stuff, spin-offs, mergers etc to create an illusion.
SIAF's pay-date btw cannot be more then 2 months after the record date. It's in the bylaws.
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