Replies to post #57 on Arsenal Energy Inc. (fka AEYIF)

[losing money here]

Hey geopic, you will have 1 share for every ten soon. in fact the split should have happened last Monday. By the way... where do you get the idea that AEI will pay .06 a share? Read the press release on the consolidation. In part, " Arsenal is now producing cash flow in excess of the capital required to fund the Company's growth strategy. The Board of Directors ("BOD") has, therefore, adopted a dividend policy and declared a quarterly dividend of of $0.006 per common share (pre consolidation). The dividend is payable on August 30, 2013 to shareholders of record at the close of business on August 15, 2013. The ex-dividend date is August 13, 2013."

The dividend will be less than 1 penny per share!