$LQR House (LQR.US)$ 50% dividend for up to 1$ per share. ho...
$LQR House(LQR.US$ 50% dividend for up to 1$ per share. how do they know the percentage? what if the pps was 7$, half of that isn’t 1 buck. Are they hinting to a dilution that will bring the pps to up to 2$?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
70696803 : This CEO is a scammer. He kept the word 50% but now added up to $1.
SpecklesS OP 70696803 : When there is percentage, there should be no dollar limit. It sounds like a scam, you are right. I mean WM pays .7 cents per share, and there stock can handle more… idk
Boon_Is_Real : No where in the press release does it say “for up to 1 dollar” they only mention of that is in reference to the previous proposal for a 1 dollar dividend. I just reread their K-8 filing. As of February 12 every shareholder of record will be issued a 50% stock dividend, meaning if you own 2 shares you be issued 1 share as a dividend in lieu of a cash dividend. No dollar value caveat was attached to the language.
intuitive Jackal_354 : so when is the ex date
SpecklesS OP Boon_Is_Real : You are right. I read it again. The one dollar is a previously discussed dividend. Thank you!
SpecklesS OP intuitive Jackal_354 : February 12
intuitive Jackal_354 SpecklesS OP : you realize this is another form of dilution and that the next day it'll sell off just like any other dividend
SpecklesS OP intuitive Jackal_354 : True
Boon_Is_Real : Maybe it will sell off but maybe not. Earnings out Feb 15 and Dec was up over 400% yoy
70671937 Boon_Is_Real : wow! somebody who actually reads the filings!