Howard ... in many jurisdictions a company can not pay cash dividends until such time as it has Retained Earnings. In order to get Retained Earnings, a company must have profits.
The reason for this is that shareholders share last in a dissolution of assets. To allow a dividend of available cash without Retained earnings may result in preferred shareholders and creditors (secured and unsecured) not being paid.
Howard,, you have to joking! Pink Sheet in sub penny land with no earnings, and no history of earnings decides to pay $$ out as dividends instead of using it to develop what assets they do have.... You ahve to be kidding or a shil for pumping this listing.