OTCPK:TNGZF - Post by User
Comment by
clm128on Aug 18, 2015 7:48am
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Post# 24026926
RE:RE:Dividened
RE:RE:Dividenedrunmyownlife wrote: clm128 wrote: I guess the 3mill from the closure of wmode wasnt used to strengthen the divi.
thats dissapointing
Were you hoping for a one time payout from the 3 million? A dividend is usually based on reliable, predictable available cash flow. A wise move is to stick to the business plan and invest the money. Otherwise, payout the 3 mill and then raise funds through the sale of stock?
no not a one time payout, an increase on an annual basis. Its just what i read into the news release of wmode and the quote saying that would be used to strengthen the divy. Im thinking maybe to quarter wasnt as good as they planned since the div is unchanged and the sp has been falling for the last week, but i hope im dead wrong.
glta
clm