They announce, but don't pay dividends.
I followed this company in the past when it was SunnComm - same people behind it as there is today. Several times they announced dividends, usually consisting of shares in some worthless subsidiary they owned, but apart from 1 instance they never actually paid the dividend. The 1 instance was when they announced they would disburse ownership in a subsidiary of SunnComm to shareholders via 4 (or maybe it was 8) dividend distributions of the subsidiary's shares, but only made the first distribution. They never made the remaining and kept control for themselves where they were able to dilute the part ownership that had been distributed to nothing by issuing further shares in the subsidiary to the market.
Their dividend announcements have always been part of a pump and dump strategy and are usually accompanied by paid publicity by those so call penny stock analysts.
Just ask yourself, why would a company that has no assets of any value and has no cash, be paying dividends? Legitimate startups never pay dividends as they are always strapped for cash and it always makes more sense to put their money back into the business.
This company has scam written all over it.
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