Another good Q, zero reaction in the stock. Reg
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Posted On: 05/22/2018 9:39:38 AM
Another good Q, zero reaction in the stock.
Quote:
Regulation A Offering and Property Dividend
On February 14, 2018, the Company announced a property dividend of its internally developed cryptocurrency, DiMO. The dividend called for 950 DiMO to be distributed to shareholders of record as of October 26, 2018 with a payment date of December 14, 2018.
Additionally, on February 14, 2018, the Company filed a registration statement under Regulation A to offer up to 55,555,555 shares of common stock at an offering price of $0.90/share. The Company has received 15 comments on this offering from the SEC which it is currently addressing. Until such time as the offering is approved by the SEC, no Regulation A stock will be sold.
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