Thanks for that link CV,

I thought the FINRA section was very interesting and it gave me a good reason to understand why we got the dividend shares:

FINRA also focuses on whether there will be a viable trading market for you stock, In this connection, FINRA wants to know:
Whether you have enough free trading shares to create a viable market.
Whether you have enough non-affiliated shareholders to create a viable market.
Whether your share ownership is concentrated in a few individuals, even if you have enough shareholders to create a viable market.

Unlike the SEC, which through Regulation S-K tells you with some specificity what you need to disclose, FINRA doesn’t tell you anything.

But practitioners will tell you that in general, FINRA will accept the following:
Enough free trading shares: Estimates range from approximately 300,000 to 500,000, minimum.
Number of non-affiliated shareholders: Estimates range from approximately 30 to 50, minimum.
Market concentration: Estimates are that if 10% or less of your non-affiliated shareholders own approximately 90% of the free trading shares, you have unacceptable market concentration, but this is even more subjective than the first two points above.