HUGE! ACMG Dividend announced. ACMG has been on a major tear, and this dividend, announced 3 days before the ex-date on Wednesday, will force all shorts to rapidly cover.
Siam Renewable Energy Group Announces Dividend to Alcar Chemicals Group Stockholders
Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) releases the news today that Siam Renewable Energy Group Ltd will issue a dividend to ACMG stockholders on record.
The company stated that, pursuant to the finalized acquisition, Siam Renewable Energy Group is now restructuring ACMG into two companies through the incorporation of ARTL, which will be taken public immediately. A dividend will be issued in the form of one per share to stockholders on record as of end of March.
According to the company one share in ARTL will be issued for every share held in ACMG for all registered shareholders verified as of March 30, 2007.
The company affirms that this new structure will enable it to make a serious difference and that it is glad to reward its long-term shareholders.
