I reread some past info and there is definitely pr
Post# of 11035
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1) Nobilis (through Darbie: COR customer) got charged $3.3m by DTCC for 327m converted shares that were sold.
2) Beaufort who converted over 150 million shares, of which it sold over 90 million, resulted in the "wrongful retention of dividends in the amount of nearly $700,000."
While I always thought they were debited because they were short (same case with unregistered shares), why did Beaufort not receive the dividend on 60 million shares that Beaufort did not sell? Remember, DTCC that was making these allocations. Answer: because those shares should not have received a dividend as they were unregistered. Those were actually ineligible. In reading carefully it appears that COR arguments are very misleading in how they read concerning Beaufort.
Its interesting that Alpine (due to conversions from MacAllan) got charged 940,500 for 85.5m of converted shares. These appear to be additional as they are not Nobilis or Beaufort.
ALL IMHO
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I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
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