Why did the company replace the CEO?
Answer provide by CEO Guy Marsala: This strategy has been in place for quite some time and has been communicated previously. We’re leaders in this emerging industry and we wanted to put in place people that were successful in other public companies to help Medbox take the next step in our growth process. Adding Mitch Lowe, Ambassador Siegel to the Board, Tom Iwanski as CFO, and now me as Chairman and CEO gives us a governance and management team that is unmatched in our industry.
With that being said, all paper shareholders of record as of December 18, 2013 are going to be receiving a dividend through the mail, if you haven't already. All shareholders of record as of December 18, 2013 that held shares electronically may be receiving the dividend in their brokerage accounts marked as "restricted". If you held shares and sold them prior to the dividend being issued, your broker will figure out if you are entitled to them.
regard to shareholders that purchased shares during January of this year, you won't qualify for the dividend from the company but you will be receiving shares from my holding company instead.
It's too late for match now. it would be nice if the company could do the same dividend as this year. I expect price will fall in $30. GL