The only thing I find nieve, is the orginal post. This is not the first dividend they have paid, I believe it is the 4th. In fact, it also impacts the warrants.

What should be obvious to readers is that this is a company in the right space at the right time. They have RI now, and should have another 4 within several months. The state of NY needs another TWENTY (20) plants to handle all of their organic matter. Now ..... do the math, and you are looking at very large profits. And this is in discussion.

I understand they are also in disucussion with the City of Toronto.

Sometime you need to read, do your DD, and understand what is going on. And by the way ... I hold over 100,000 shares and I am not or will not be selling any.

Implying this company has done anything wrong or unethical should be a crime, because this is one great story.

Why so many shorts are in for big pain

Well... with comments like this there is no wonder ....

"The company gave no reason behind the "common stock dividend" and it's easy to see why: There's no possible reason for it"

Well, all you have to do is read the SEC filing to see this was part of the IPO, and makes perfect sense, great idea. Risk is rewarded.

Here is what is really interesting. On Monday, the A warrants exercisable at 8.25 (and callable if the stock trades at 9.35 for 5 days), traded at a $1.00 - $1.50 discount to implied value all day!!! Now yesterday and today, they began trading at their implicit value (share price - 8.25), seems people actually figured out what was going on Monday night.

It gets better. This stock only has a float of just over 2-2.5M shares. The rest are held by insiders and a hedge fund. You have to be out of your mind to short this stock, there is only buying coming in. And, people are taking delivery of their share certificates ... unless your broker goes naked short, you are toast.

This is just the start of the news. Hey if you want to short go right ahead ..... I love it. No professional would short a stock with this tiny of a float, its suicide.

This stock is on an accumlation roll. Each time it rolls back, new investor come in, and tighten it up even more. If goes down, we will just buy more ... because by the end of the year this will be one of the most talked about stocks. Can you say $100 per share .... stay tuned, and hey stay short ..... I am lovin it.

This is a dangerous article, you should be ashamed. You negative stance is going to get more than a few people to short this stock, but you fail to warn them of the risks. Mind you, I'm not defending the company, it's just the latest play du jour. But their Monday mention on CNBC and subsequent lack of negative price action has trapped more than a few shorts--until it cracks $11.50, it's a buy (due to the risk of a short squeeze that could take it up to $15 or even $20) It's all in the chart, let me hear you say, it's all in the chart!

You need stop trying to apply value methods to momentum stocks, it's not only ridiculous, it's dangerous because you make naive investors think you know what you're talking about and when the stock reverses, they mistakenly believe short selling microcaps is incredibly unpredictable (it's not if you play by the rules).

I'm not long or short (I'd only short if when it breaks $11.50 buy it when it breaks $14.14), but I hope for your sake, this stock does not get squeezed and does fade gradually away.

But understand this is my warning to you: either include the risks of short squeezes in these types of stocks (low float and under $100mil in marketcap)--because LESSER QUALITY COMPANIES CAN RISE FASTER--or be willing to be tarred and feathered by those who lose fortunes thanks to your ignorance as the $100mil marketcap becomes $300-500mil on the same kinds of vapor news that you ridicule here.

Tim
http://www.timothysykes.com

low float stocks fall just as quick as they rise. maybe in a few years the company can justify trading at current price, but right now don't have a lick of revenue, much less a proven business model to produce earnings. Company could fail just as easily as succeed, it's just not proven at any level by any measure. Think the stock will drop back to previous levels over the coming days, it's simply a speculation stock for anyone that chooses to buy and hold. No revenue and no earnings coupled with an unproven business model make this stock severely overpriced at this level.

This reason for the dividend by COIN is spelled out in the IPO documents, all filed with the SEC. As part of the IPO, shareholders recieve a 5% dividend each quarter until the first plant is operational. This compensates existing shareholders for waiting for the first plant to commence operations.

The company has a 17M revenue bond to construct the plant which is well underway and on time. Output has already been committed to the tune of over 50%.

This company has filed every single SEC report on time, and accurately. You can't file a report until you need to, and the writer should clue into this.

The 5% dividend puts out some more shares in a tiny float, which is about 2.5M of the total of 4.5M shares.

Its innovative, and the right thing to do, and it compensates those who buy now. This plant will open with 50% margins, and revenue over 20M annually. The company has a market cap of only 50M dollars, and is well on its way to $100 per share.

Tim,

Thanks for the comment: I would never suggest that anyone short anything -- That's not my business. I point out red flags, and people can do what they think.

Gary,

"This reason for the dividend by COIN is spelled out in the IPO documents, all filed with the SEC. As part of the IPO, shareholders recieve a 5% dividend each quarter until the first plant is operational. This compensates existing shareholders for waiting for the first plant to commence operations."

How does diluting the stock by slicing the pie compensate anyone for anything?

I saw red flags when the pump for this COIN was spammed all over Yahoo sites. I looked into it, as any prudent investor should, and I found a company with 4-7 employees, about $17M in debt, less cash than I have, and no sales or immediate plans for income, and I thought, "NO WAY!

A few days later, this stock is up over 50% and trading several times it's float each day... that makes me go, "Hhmmm".

At the same time, one guy on their message board is bragging about how he spammed Yahoo boards, taking credit for the price rise, and is trying to recruit others to do the same thing. "Criminal Hhmmm..."

http://www.investopedia.com/terms/p/pumpanddump.asp

I have no evidence whatsoever that the company is involved in any of this (but some inside trading looks shady), however, that option4bigmoney guy might want to review some SEC basics.

Lots of useful and sometimes controversial comments on boards. Some people can find information not even thought of by analysts. Look at boardcentral.com - they scan major financial message boards out there and build stock popularity indexes, informative and useful. Some even say profitable information! Seems there is an entire subculture of message boards addicts!

They don't "have" Rhode Island. They signed a letter of intent to lease a piece of property in a tiny state that has much lower waste tip fees than in New Jersey and in New Jersey, they are already deeply discounting their tip fee charge even before their plant is operational.

LOL - I am laughing all the way to the bank, if you did not pick up COIN you are nuts, it continues to run higher!!