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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > No dividend announcement?
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Post by zeus55 on Jun 17, 2013 10:33am

No dividend announcement?

Whatever the reason or cause, if the dividend is to be paid within the week, keeping shareholders in the dark is uncomforting, to say the least.

Why doesn't MMT confirm the dividend?

Comment by pipsqueak3 on Jun 17, 2013 10:54am
Dividends must be declared a minimum of 7 days prior to the record date (4 days before ex-div date) by having all reporting forms completed and delivered to the exchange beforehand, if the board has agreed on a date. Possible delay?
Comment by zeus55 on Jun 17, 2013 10:57am
" Possible delay?"   But why? All of the pumpers have said that the dividend is perfectly safe, and guaranteed. Why would there be any delay?
Comment by grox01 on Jun 17, 2013 11:31am
A better question is "why do you always get so nervous by the passing of time?" Or maybe this on.. "why just not relaxe and enjoy the ride?" The thing is I know the answer to those questions, so why do I bother wrinting? lol  
Comment by wallywill on Jun 17, 2013 12:11pm
These has been sudden impatient claims about a delay or cancellation in the next dividend. This is just another angle after the previous claims of Mart needing to borrow to pay for the last dividend. There has been no announcement from Mart stating that it's dividend policy has changed. It is only June the 17th today and it is too early to claim that there has been a delay in ...more  
Comment by OT0911 on Jun 17, 2013 1:46pm
Wade said we would have news on the dividend in early June.... It is now mid-late June. There is definitely something happening behind the scenes.  I don't know why MMT would have paid the last dividend if they were not planning on paying this one unless they didn't want to give anymore bad news with all the other news that was going out at that time... Maybe the bank ...more  
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