Replies to post #9579 on Notis Global Inc. (fka NGBL)

[236T568]

A declaration date, as its name implies, is the date on which the dividend is declared...aka announced. Announcing a distribution with a declaration date in the future is oxymoronic.

and yet

this is not surprising

and why is this not surprising?

because this is what scam companies do!

[Risicare]

They just make shit up as they go along. Obviously who ever thought up the scheme was a clueless moron. They could not use the proper terms or even spend the 5 minutes to figure out how to do the act. Pretty dumb to start pissing off FINRA after so much other BS. Then again being on the possible 4rth attempt and nearly a full year of trying to become a reporting issuer takes a special case of dumb and sleaze in one.

[Fandango911]

Incorrect. If you take the time and do the math, by the company not issuing a dividend to their preferred class, the common non affiliated shareholder has more voting power and millions of dollars in increased equity. Then the company gave its shareholders an extra perk by not saturating the float with additional shares through an S-1 registration. Post announcement the shares have maintained their value. Good news for the company and it's shareholders.

Further, it's the record date and not the declaration date people should be concerned with. The declaration date is the proposed date of FINRA approval. All I know is shorts are gonna have a rude awakening soon. Trader G, you seem like a nice guy, but I can assure you, things are not bueno. Any shorts as of the record date you will be responsible for double after the payment date. If you don't believe me go ask IB.