Any other shareholders out there who haven't received their shares yet? Has there been any clarification if it is 1 for every 3, 4, or 5 of ISM? thanks

Don't appreciate the sarcasm. And forgive my ignorance for missing the definition that exists somewhere that a "special dividend" is defined as one that takes several years......

I asked if it is normal for a company to announce a special dividend and not act on it within several years. Thanks

Yes, I did see that - thank you.

I am asking a group, who based on the conversations here, are more experienced investors than I who tend to lean towards insurance and utility stocks.

Lost my info for login on Stockhouse so I am going to ask about a post (from SH by a victor) that related to my earlier question posted here.

My understanding is that ISM holds 53% of Nitinat shares, 13.4 million shares on the spin-off, and 750,000 shares that was bought in the equity offering by NZZ. Because of what is in my opinion a bizarre decision that the spinoff value should go to shareholder of record in July 2007 by way of special dividend, there is confusion as to just who gets the benefit of the spin-off, if it turns out to be of any value. My reading of ISM's note to the first quarter financial statement is they are not sure how this will proceed. At this time ISM owns the shares.

Is it normal for a company to issue a statement about a special dividend to shareholders and to date still not issued it and for there to be questions about who this pertains to? I have never heard of such a thing.

I have been invested in this company since the initial offering and you won't hear me say I am okay with writing off my investment loses.

Did ISM shareholders ever receive that special dividend announced back in 2007? I don't ever recall seeing anything more about it.