I have 2 months worth of emails with Robert Kane concerning the Divi. He originally tried the FINRA approval excuse too.
When I called him on it he said he would ask the legal department. Since that time they have been "getting an answer this week"
FINRA gives 5 reasons that a divi will not be approved. None of them good. The approval or disapproval happens in 30 days.
1 Month after they said they were giving a divi they were aware of the fact that they could not give it out. Yet over a year after the announcement they are supposedly "Waiting on approval".
I ma giving Robert till the end of the week to produce an answer and the whole email string goes to the SEC. Not that they will do anything but it will be just 1 more complaint on the pile.
When the pile hits the trigger for an investigation the company will get halted. They need to start coming clean with their investors before even the people in the green are holding a bag full of trade freeze.