They may pay the first one. But if they continue to dilute they will certainly not continue to pay it. I don't see them continuaing to pay this for a full year witht he dilution rate they currently have going.
Wouldn't make any sense to offer a dividend and then keep issuing more and more shares, increasing their liability to shareholder with cash they seem to need for actual projects.
Hard to say at the moment but I believe it is a ploy to sell stock. I highly doubt there will be 4 quarters of dividend payments.
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