RE:Technical hold on dividend a gift
FYI the dividend was suspended not cancelled. What owed is owed and they will pat - red tape means theY have to satisfy regulartors due to bond holders being miffed over dividend payouts after the market cap of the company plummeted. The preferred shares are getting their dividends as they can't be cancelled; they are culmulative. The payout of the dividends was suspended.. important difference. I suspect they will pay out dividend soon after June 30th and then announce cancelling of further dividends for the common shares. Then i suspect they will make progress on a new partner or get bought out. -Uber