Replies to post #477 on Wialan Technologies Inc (WLAN)

[TEX]

there's no "loophole" ... If a company announces it's paying a cash dividend, and you buy shares, wouldn't you expect to receive your dividend?

As far as problems, the biggest problem has been Nathan Drage, an apparently unscrupulous lawyer. I doubt real companies would want to conduct themselves in such manner...or even associate with such a person.

[JimsZ]

When a company says "We will not have any shareholder dropped below 100 shares really does mean that We will not have any shareholder dropped below 100 shares as this is the way they worded it".


These companies have a free ride to rip off shareholders, nice to see some payback once in a while!