Replies to post #27383 on JNS Holding Corp (JNSH)

[Lex_Luthor]

You're saying that if you buy after the Ex-Date you get the dividend? How's that? Every definition posted or read says you have to own it as the Declared Ex Dividend date which was declared by the PR for 2/7/08.... How many definitions are there? I get a dividend coz I owned "as of the ex-date" and not after, so where is this 2 for 1 sale?

[pinksheetbasher]

I like this stock and own some too. But you should not mislead the traders about them getting the free shares if they purchase the stock between now and FEB 29th from the seller. Also if you can change that information on the IHUB board I would appreciate it. I would rather keep this stock honest and not have salty people come over to say we pumped it up, and then they get out and we are back at .04/.05.

JACKSONVILLE, NY--(Marketwire - February 4, 2008) - Ulysses Holding Corp. (PINKSHEETS: UHCR) today announced that the Ex-Dividend Date for the Share Dividend is Feb. 7, 2008.
The Company is addressing this issue as several shareholders have contacted the Company regarding this matter; to be eligible to receive the 1 for 1 Share Dividend you must have purchased shares no later than Feb. 7, 2008 thus after settlement (3 days not including holidays or weekends) to be a shareholder of record on Feb. 11, 2008. This will entitle you to the Dividend.

All Dividend Shares will be free trading and will be distributed on Feb. 29, 2008 by the Company's Transfer Agent.

The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).

SO EITHER THE COMPANY MADE A MISTAKE BY SETTING THE EX DIVIDENT DATE BEFORE THE RECORD DATE. OR THE RECORD DATE ALREDY TOOK PLACE.

If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares.