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Posted On: 02/21/2020 1:24:02 PM
Post# of 36541
Yes I see. The original owner will still get his dividend but now the shorter has a due bill on the NGIO and GNBT to the buyer who will be expecting dividends.
So the shorter will have to come up with 1.4 GNBT( 1 to original owner & .4 to buyer via due bill) and .4 NGIO for every share he sold. The NGIO should technically be impossible to cover. Maybe the do it after the IPO and uplisting?
I just dont see how any of the NGIO due bills are covered until NGIO starts trading?
Could be a nightmare scenario for us to track down our NGIO dividends.
So the shorter will have to come up with 1.4 GNBT( 1 to original owner & .4 to buyer via due bill) and .4 NGIO for every share he sold. The NGIO should technically be impossible to cover. Maybe the do it after the IPO and uplisting?
I just dont see how any of the NGIO due bills are covered until NGIO starts trading?
Could be a nightmare scenario for us to track down our NGIO dividends.
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