Replies to post #6475 on PHI Group Inc (PHIL)

[mythical_phenix]

The dividend shares. LOL!

From a press release 21 November 2012, emphasis mine:

The company will reserve the number of shares allocated for a previously announced special dividend on the books of the company by November 30, 2012 and will postpone the date of the distribution to March 31, 2013. The company intends to promptly file a registration statement to include the dividend shares so that eligible shareholders will be able to receive free-trading shares instead of restricted securities when the registration statement becomes effective.

This statement is now out of date as the pay date has been moved to 3/31/2014.

I'm pretty sure I can guess how many additional shares the hapless common investors will receive on 3/31/2014. LOL!