OTCPK:INPCF - Post by User
Comment by
creaturecomphorton Jun 05, 2017 2:37pm
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Post# 26325888
RE:More on DRIP
RE:More on DRIPeljoro - I contacted INP CEO about a year ago about initiating a DRIP, long before it was brought up on this message board. He passed my request onto the CFO and he responded with a "no" because it dillutes the existing holders of the stock. The CEO and CFO are among the largeest holders of INP shares and options, so I took the CFOs answer to mean that to they don't want to dillute their holdings. After they monitize portions of their holdings by selling I believe they will not be adverse to setting up a DRIP.
I could just buy the shares myself however the fees through Vanguard are high for Canadian exchanges, so not worth it.