Replies to post #56308 on JNS Holding Corp (JNSH)

[budgetthis]

Clayton does not control or set the ex-dividend date......if the TA delivered dividend shares based only on a communication from Clayton, they are, imho, quite liable for the outcome.

And Clayton's SEC Attorney should be able to eat them for lunch......yummy......what's for dessert ??

Budget

[bobs23]

bottom line; clayton is playing it perfectly understanding the divy process. the t.a. didnt do what they were told to do.
your guess is not good enough. nice try.

[Jim Bishop]

You're right. We know for sure Clayton didn't understand the divvy process, ex dividend dates and who sets them. That's proven in his news releases.

If the TA had sent out divvies he shouldn't have, they would be included in his OS count, but they aren't.

I don't think it's going to be the TA's job to get back any divvies that might have been improperly issued by brokers, those of course would have been FTD's months ago, it'll have to be FINRA, Nasdaq, DTCC or a combination of those entities.

[slvhlide]

Why does the TA really care? Sure it is a bit of leg work for them to get the shares covered but they are not on the hook for any money nor are the brokerages. They are not going to get into a legal battle to protect someones money who sold the divvy's...all imo of course