Replies to post #76682 on Asia Broadband Inc (AABB)

[i_dont_know]

What if you get first some teaser shares and some others after an AS raise? Headline of the PR stated clearly two shareholder stock dividends. For me it looks they try with the dividend to hold some shareholders while AS will increased for Clive.

[condor1]

Ali, what if, like me, the dividend recipient has no AABB wallet, only is a shareholder? Should that shareholder be denied the appropriate dividend?
While on the one hand, your contemplated solution accomplishes not exceeding the O/S with their respective dividend allotment, it creates a condition where/when the shareholder has elected to not purchase/acquire AABBG or NFT, or anything, other than shares, and/but has no alternative for their dividend allotment , other than shares.
It stands to reason, that the PR references a shareholder, but would cause a legal quagmire, if the company elects to decide that they cannot allow shares to be the the distribution tool.