Replies to post #13235 on Alcar Chemicals Group, Inc. (fka ALCX)

[male1041]

That's the problem
there is a bunch we don't no. To much IMO.

[jenthico]

From the SEC:

"Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. 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).

If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend."

Word games from ACMG? Perhaps. Apr 2 is the first business day after tomorrow, Mar 30th. So, if tomorrow is the record date and they "payout" on Monday??? Ex-date would be Tuesday...and they said in their last PR:

"The company stated that, pursuant to the finalized acquisition, Siam Renewable Energy Group is now restructuring ACMG into two companies through the incorporation of ARTL, which *** will be taken public immediately. A dividend will be issued in the form of one per share to stockholders on record as of end of March.***"

May not be good English, but I read this as saying: 1) They already have a shell or someway of going public, and; 2) A stock dividend will be issued to shareholders of record. What isn't clear is, are they refering to the "end of March" as the record date, the distribution date or...


...BOTH??? I don't expect a PR, as we already have one. IMO, IMO, IMO, if they are really taking this shorting seriously, then that would explain the vagueness of this last PR.

Let me dream, LOL!