3. Then I think, is Sept 25/03 date even going to enter into the picture once x date and payment date, are pegged after the SEC makes said 10SB4G effective?
Jim, when the x-date is decided, those who bought 2 business days after the x-date are screwed. How is the x-date going to be determined? Are there set guidelines?
From www.sec.gov...
"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)."
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