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Slojab

04/17/09 11:51 AM

#13100 RE: CoinCounter #13098

Possible, but seldom useful. Or recommended.
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Klospin

04/17/09 12:09 PM

#13116 RE: CoinCounter #13098

See, the way he was stating it, it's something new that has never been done? Something brand new...which would not be a dividend, I mean unless he meant it as something new as in no other pinksheet pays a dividend and hes going to be making it new?
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The Bigfoot

04/17/09 12:17 PM

#13123 RE: CoinCounter #13098

IMO Never hope for a dividend from a pink sheet stock.

Almost invariably these dividends are restricted shares of either their own company or another pink. Almost invariably you can count on both your stock and your dividend stock dropping to the trips within a year of issue making both your initial investment AND your dividend worthless.

Tip: If a pink stock you are playing does offer a dividend there will likely be a run up. Just make sure you get out a day or two before the dividend gets paid. Much longer and that's when the company starts diluting.

Greg here is a bit different from your average pink because he had an existing company before he purchased IGTP. Because of that we know that he already has cash flows in place and is not solely relying on cash raised by shares to power his start.

He obviously needed to go public, but rather than to raise capital, I think that reason is because he has a vision and wants to grow faster than he could on his own. Hence the restricted share count.

IMO if Greg wants to reward us then the best thing he could do would be to concentrate on getting the framework of his vision realized and once the cash flows support it move us up to the OTC. This is the best gift he could possibly give us at this level.