Replies to post #42682 on Zeons Corporation (ZEON)

[bitbybit]

The main point is that no NEW shares were issued. They just changed hands and so should have no ultimate effect on the stock price except stock movement caused by confusion. Otherwise, best case scenario, the stock would be trading at .055 not .11. But the confusion DID hurt the stock price IMO because the stock should be trading close to where it was before the dividend award. Barring bad news we should see the stock correct itself to its pre-dividend levels in fairly short order.

Although, this is a pink sheet, so anything can happen.

[November61]

Bitbybit, probably.

There are so many things not making sense lately that we can expect anything.

For example after they PRed about the dividend reajustment, not last Monday, but before, the pps should have climb if it was such a great deal to own USSE before May 4th.
Instead it went down, why, because every body were selling before the dividend shares arrive to the accounts and become available for sell from the pre 12/1 shareholders.
That was most of everybody understood. It turned to be a major mistake to sell. Some buyers at that time, not even aware of the situation, ended up with some good deal. I hope for them they were recorded as pre 12/1 shareholders otherwise they may have to return the shares.

Once again, IF we had somebody in charge, like a hummmmm a CEO, he could be explaining what happened and what was supposed to happen with that dividend.

Where is the CEO?

CL

[KNTSKC]

Bitbybit that too is what I am wondering