Replies to post #3723 on Agritek Holdings Inc. (AGTK)

[SpeculativeHoldings]

Again, I haven't called the company to verify, but I believe you should be ok as long as you're in by THIS FRIDAY.

My best friend Will is a very seasoned finance guy, and he's prompted me to go back at past dividend examples and compare the RECORD date with the ex date... He thinks that the RECORD date is a typo, because this date usually follows the EX DATE.

If you are not in the company's record books on the date of record, you won't receive the dividend payment. To ensure that you are in the books, you need to buy the stock at least 3 business days before the RECORD DATE, which also happens to be the day before the EX dividend date.

In our case the Record date should actually be June 4th. According to T+3, you would have to buy in 3 days before this date, BY JUNE 1st (or one day before the EX date-- which is June 2nd) to be on the books....

This is also helpful:
http://www.investopedia.com/articles/02/110802.asp

So I think that all buyers this week are good to go for the split.
Many of those who I have emailed are in this thing below .50, and ARE NOT SELLING... I hope to this this skyrocket this weak as the float dries hope. I want these damn MMs to get burnt. Have the shorts covered yet?

It can't work the other way around where the EX date was actually the typo, because the date of the PR announcing this would not allow anyone the opportunity to become an investor before the split. GO BY THE EX DATE! It's solid!