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noquit

04/05/09 2:42 PM

#12120 RE: Seventeenseconds #12118

The company did not dump shares to pay for the dividend, but had set that money aside before the first Webinair.

How do people come up with this stuff ?
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noquit

04/05/09 2:46 PM

#12121 RE: Seventeenseconds #12118

The dividend was not relying on what the share price was at the time of the payout.

Get your facts straight.

Besides, they also got the dividend for stock they owned.

Even on the full count of 500,000,000 authorized shares, if all were spoken for that would be 500 million x .001 or $500,000 payout for the dividend.

Not enough to break the company.