they will have to issue shares of EVET to distribute as the dividend. no telling how much dilution that would mean. and we don't know any of the merger terms - we can expect substantial dilution for that as well. I wouldn't hold my breath expecting a favorable resolution of those issues - don't forget, it's still Nicosia, and this could take forever to conclude while he does his tap-dancing.
that is certainly no reason to be buying VIVK, however, as the record date has already passed. unless, of course, they change the record date for a 3rd time - what kind of credibility and confidence building would that create??