Update - Facebook: "More on Dividend process... un

Update - Facebook: "More on Dividend process... unlike some "Corporate Actions", assigning and paying a Dividend has to be submitted to FINRA for approval and scheduling. Last time we tried, we were rejected because a CEO at that time wasn't approved, and several other reasons that in fact held a lot of our companies back for several years, but now its all cleared up and behind us! (sorry for I digress.) Ok, so the process can ONLY start, AFTER the company is back to at least OTCPK "current" status. Once that is done, regardless of the PPS or trading volume, the company submits (through its FINRA back office portal, yes that's another membership we must have and approved, however we have that and we're in "good standing" with FINRA) , so hopefully everything lines up correctly and FINRA will issue the company a "record date." The record date is the date by which FINRA will hold as a "beneficiary shareholder of record" for the shares held by any given shareholder at that time, and then the dividends will be issued to that account reflecting a ratio, (in our case we do know it's 1 to 1). Once again, I'm explaining all this due to a lot of inquiries, I'm sorry for being redundant, but there's so much misleading and false information out there that I don't want our shareholders to be confused. I also encourage people to check with their BD, MM or anyone that they actually trust BEFORE making any decision concerning a public company and/or any SEC,FINRA DTCC and OTC Markets rules, regulations and process."

"Per Ardua Ad Astra" - "Through Adversity To The Stars"

A very apposite motto for those who trade successfully in the OTC market..

All posts are my opinion - trade at your own risk.