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BFHJ the company has issued 5 Nrs so far and has is just starting to get it. They have screwed up their info to shareholders so many times they may actually get this one right LOL Its still not on list
BFHJ....Ex-Date to be set this week,6-1 share dividend.
Beneficial Holdings, Inc. Updates Dividend Pay Date
Monday 03/15/2010 3:14 PM ET - Marketwire
Related Companies
Symbol Last %Chg
BFHJ 0.0135 -3.57%
As of 3:35 PM ET 3/15/10
Beneficial Holdings, Inc. (PINKSHEETS: BFHJ) today updated shareholders as to the progress of the Company's dividend submission.
On March 15, 2010, FINRA requested that the Company modify its dividend pay date. As a result, the Company submitted a new issuer request form to FINRA listing Thursday, March 18, 2010, as the new pay date. The transfer agent submitted a transfer agent verification form to FINRA with the new pay date.
ABOUT BENEFICIAL HOLDINGS, INC.
Beneficial Holdings, Inc. is an international casino investment and management holding company, specializing in acquiring undervalued gaming assets. The Company presently maintains one hotel and two physical gaming properties and is in the process of acquiring a third property while creating its online casino. The company funds its acquisitions with private investment capital with the intent to increase shareholder value while building a world-class gaming operation.
The Company's authorized shares are 903,000,000 to accommodate the dividend. Presently, there are 89,587,907 restricted shares, which will increase to 627,115,349 after the six share dividend. There are no more than 39,412,093 free-trading shares presently, which will be a maximum of 275,884,651 free-trading shares post-dividend.
This release does not constitute an offer of securities for sale. It contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause results to differ. Statements are based on information available as of today and the company undertakes no obligation to update any statement to reflect future occurrences.
Media Relations
Beneficial Holdings
www.beneficialholdings.info
+505-8367-3333 Telephone
RVLU - Name change and forward split. From PRE 14C filed 3/15/10:
"Real Value Estates, Inc., a Nevada corporation, (the "Company") has obtained the written consent of the stockholders holding a majority of the outstanding voting rights of the Company on March 12, 2010 (the "Consent"). Accordingly, your approval is not required and is not being sought.
The Consent provides that:
1. The Company shall amend its certificate of incorporation to change its name to Global Power and Water Industries, Corp.
2. The Company shall amend its certificate of incorporation to increase the number of authorized shares of its common stock from 100 million shares $0.0001 par value to 1.5 billion shares of common stock, $0.0001 par value
3 The Company shall amend its certificate of incorporation to provide for a 74:1 forward split of its common stock."
Pay By The Day Holdings Signs LOI for Exclusive Technology Rights
Ticker Symbol: U:PBDH
LAS VEGAS, March 15, 2010 (GLOBE NEWSWIRE) -- Pay By The Day Holdings, Inc. (OTCBB:PBDH) is pleased to announce that it has entered into a non-binding letter of intent to acquire all of the assets of Grail Semiconductor and exclusive rights to a number of other cutting edge independent innovative technologies. These acquisitions are subject to the due diligence of all signatories and the negotiation and execution of definitive agreements. Such agreements will be subject to certain conditions including the raising of funds to pursue the Company's new business model. In accordance with the letter of intent, the Company will undertake an immediate name change to Oteegee Innovations Inc. and proceed with a 10 for 1 forward split of the Company's issued and outstanding common shares.
"This is a very exciting time for Pay By The Day and we believe we are partnering with some of the most remarkable innovators in North America," commented Jordan Starkman, CEO of Pay By The Day Holdings. "We look forward to completing the acquisition and executing our new growth initiatives to increase shareholder value by answering the world's crucial technological challenges."
The targeted assets include the following.
Grail Semiconductor Assets:
The Company will acquire the Quantum Inductive Capacitance technology (QIC Chip) of Grail Semiconductor including the exclusive right to pursue claims against various chip manufacturers. (Patent No. US6,642,552)
QIC-Chips:
combine the functions of SRAM, DRAM, and FLASH
operate at speeds faster than SRAM
have density comparable to or better than DRAM
are non-volatile and more stable than FLASH
achieve manufacturing cost advantages comparable to or better than DRAM
QIC Chip Products:
Embedded QIC Memory IP Cores
Pin compatible QIC Flash Chips
QIC Solid State Drives (SSDs)
3D Technology
The inventor of the QIC Chip is developing a hardware and software platform to deliver real-time high-resolution rendering of 3D characters and backgrounds. This technology is to be utilized for myriad high intensity 3D rendering applications including medical scanning.
Energy
Concentrating Solar Collector: A scalable and highly durable stand-alone unit that is designed to be more efficient and less costly than parabolic trough collectors and contemporary solar water heating panels. Unlike photo-voltaic (PV), this resilient technology does not use semiconductors which degenerate over time. (Patent pending)
Thermo-Electric Generator: A frictionless generator scalable for private homes, factories and power plants, designed to produce grid-compatible A.C. electricity without the cost of an inverter; without consuming water or requiring cooling, and more efficiently and cost effectively than current generators. (Patent in preparation)
Concentrating Solar Power (CSP) System: The Oteegee Solar Collectors and Thermo-Electric Generators are designed to integrate seamlessly to achieve any desired output capacity, including large power plants. In addition to selling systems, Oteegee plans to establish and operate many small decentralized power plants throughout the world that sell electricity to power companies and consumers. (No separate patent necessary)
Hydrogen Generator: A ground-breaking technology designed to create hydrogen from any water source, including ocean and grey water. It can be powered by Oteegee's CSP system or any power source, to generate and store hydrogen for on-demand electricity during dark hours, and for automotive fuel. (Patent pending)
Water
Water Generator: A unit employing a design innovation on the Hydrogen Generator that enables small and large scale water desalination and reclamation at a fraction of current costs. This breakthrough technology does not involve reverse osmosis or any other current desalination technology. (Patent in preparation)
Sea Water Mining: Rather than returning concentrated brine to the sea, Oteegee plans to mine the processed water for pure sea salt, high potassium fertilizer and rare earth minerals.
Natural Health
The Company will have exclusive rights to proprietary health products and services that combine cutting edge science and natural medicine. The Company will also acquire a unique new technology that allows organic materials to be processed without oxidation or physical damage to the delicate nutrient complexes, allowing the creation of low cost natural organic super-foods and basic foodstuffs (such as powders and oils) that have long shelf lives without added preservatives. (Patent in preparation)
Bob Stern, CEO of Grail Semiconductor, stated, "Our new business structure is a significant advancement in the way disruptive innovations can be brought to the world for the benefit of humankind. The broad range of "oteegee" power, water, health and education technologies together with public and private financing and adept global management will open new vistas and exciting opportunities for the merged companies, their shareholders, and the world at large."
The Pay By The Day Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7216
Coudl hit daily list today or tomorrow. Company completely screwed up their info in 2 or 3 previous NRs and have it right this time but still are not saying ex date bacuse they likely do not know yet. At leastthey admitted the screwed up.
BFHJ may be in play soon
BFHJ.....STILL TIME..7-1 divy should have approval this week from finra!!!!
Beneficial Holdings Inc. Updates Shareholders as to Dividend
LAS VEGAS, NV -- (Marketwire)
03/09/10
Beneficial Holdings, Inc. (PINKSHEETS: BFHJ) today updated shareholders as to the progress of the Company's dividend submission.
On March 3, 2010, FINRA requested that the Company provide it with a certificate of good standing from the State of Nevada. In addition, FINRA asked for a letter of clarification that no name would be changed. This request came at 6:00 p.m., so the Company could not respond until the next day. On March 4, 2010, the Company complied with the request.
In previous press releases, the Company erroneously referred to March 5, 2010, as the "ex date." The proper terminology was "record date." The Company listed the "record date" as March 5, 2010. The Company listed the "payable date" as March 10, 2010.
The transfer agent notified FINRA that the new inventory will be available March 10, 2010.
This does not necessarily mean that the shares will be paid on March 10, 2010. They will actually be received by retail customers when FINRA sets a date for brokers to distribute the shares.
In response to several emails from shareholders, the Company refers shareholders to publicly available information about share dividends to determine who may receive shares and who may not. The following website by the Securities and Exchange Commission regarding share dividends:
http://www.sec.gov/answers/dividen.htm
The discussion states, inter alia, that, "Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date). If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid."
The Company urges caution in this regard. Our enterprise maintains its experience in the Central American gaming markets. As such, it suggests that shareholders consult their stock broker and their financial advisor to determine who will receive the dividend.
ABOUT BENEFICIAL HOLDINGS, INC.
Beneficial Holdings, Inc. is an international casino investment and management holding company, specializing in acquiring undervalued gaming assets. The Company presently maintains one hotel and two physical gaming properties and is in the process of acquiring a third property while creating its online casino. The company funds its acquisitions with private investment capital with the intent to increase shareholder value while building a world-class gaming operation.
The Company's authorized shares are 903,000,000 to accommodate the six share dividend. Presently, there are 89,587,907 restricted shares, which will increase to 627,115,349 after the six share dividend. There are no more than 39,412,093 free-trading shares presently, which will be a maximum of 275,884,651 free-trading shares post-dividend.
This release does not constitute an offer of securities for sale. It contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause results to differ. Statements are based on information available as of today and the company undertakes no obligation to update any statement to reflect future occurrences.
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Media Relations
Beneficial Holdings
www.beneficialholdings.info
+505-8367-3333 Telephone
that is possible but rare. There is due process. IN rare cases it is backdated and no x date and is still noted at OTCBB with the following note "will not be quoted ex".
IF I played them all based on what company said I would have lost a lot of money. I have played many many splits and divvy plays. I will wait and see if it hits list and maybe play
It's not going to be on the daily list until FINRA approves it. The ex date is today. OTCBB will only list it when it's ready for distribution. Look at ATNP as an example. Ex date was December 2009, appeared on the OTCBB daily list in February 3 days before the shares were given.
OTCBB/com doesnt jibe at all - not on there at all. NOT saying it will not happen but havent seen one yet, IT muight pop up later but have seen companies worng many times over
BFHJ: 3.5 hours left to get the 6 divy shares.
Beneficial Holdings Inc. Reiterates Ex Date for DividendLAS VEGAS, NV--(Marketwire - March 2, 2010) - Beneficial Holdings, Inc. (PINKSHEETS: BFHJ), today clarified the ex date announced for its six share dividend. While the Company chose March 5, 2010, as the ex date in its resolutions, it appears that the three day settlement period must be factored in. Therefore, it appears possible that today is the last day to acquire the dividend shares if the stock is purchased on the open market.
On the other hand, there exists a small possibility that FINRA may direct the Company to alter the ex date of the dividend. If this occurs, and a shareholder sold his shares, he may not receive the dividend.
Therefore, in an abundance of caution, the Company again states that shareholders need to consider the settlement periods and the fact that the ex-date is tentative in nature.
Beneficial Holdings Inc. is a Central America based gaming, entertainment, and hospitality company. Through its subsidiaries, it operates a hotel, two gaming facilities, and is in the process of releasing an online entertainment site.
ABOUT BENEFICIAL HOLDINGS INC.
Beneficial Holdings, Inc., is an international casino investment and management holding company, specializing in acquiring undervalued gaming assets. The Company presently maintains one hotel and two physical gaming properties and is in the process of acquiring a third property while creating its online casino. The company funds its acquisitions with private investment capital with the intent to increase shareholder value while building a world-class gaming operation.
The Company's authorized shares are 903,000,000 to accommodate the six share dividend. Presently, there are 89,587,907 restricted shares, which will increase to 627,115,349 after the six share dividend. There are no more than 39,412,093 free-trading shares presently, which will be a maximum of 275,884,651 free-trading shares post-dividend.
This release does not constitute an offer of securities for sale. It contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause results to differ. Statements are based on information available as of today and the company undertakes no obligation to update any statement to reflect future occurrences.
Media Relations
Beneficial Holdings
www.beneficialholdings.info
+ 505-8367-3333 Telephone
Email Contact
will look into tonight, thanks...
MBOT
Any btm play F/S avalible to buyin?
MBOT
F/s not always on daily list. ADVC is in search so its there at OTCBB.com for sure
ADVC 10 for 1 FS due any day here now could be on the daily list today as per company update
RSCA 2/1 in 8K
ITEM 5.01. CHANGES IN CONTROL OF REGISTRANT
On October 30, 2009, Mr. Christian Mancillas, a director of the Corporation, requested cancellation of his 4,000,000 shares of restricted common stock of Rosca, Inc. On October 30, 2009, the Board of Directors of the Corporation approved the cancellation of the 4,000,000 shares of restricted common stock held by Christian Mancillas.
Upon cancellation of Mr. Mancillas' shares, the largest shareholder of the registrant is now Mr. Brian Weiss, a director, who holds 150,000 shares or 3.2% of the issued and outstanding common stock shares of the registrant.
ITEM 5.03. AMENDMENT TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR
On October 30, 2009, subsequent to the cancellation of the shares held by Christian Mancillas, the Corporation's Board of Directors approved a forward stock split of 2 for 1, payable upon surrender of our shareholders stock certificates. The action is subject to filing the change with the Secretary of State of Nevada and fulfilling the notification procedures to FINRA and setting our ex-dividend date. Our authorized stock will remain at Seventy-Five Million shares, of which 4,650,000 are currently issued and outstanding and we anticipate 9,300,000 will be outstanding after the forward split.
lfbg 3-2 forward split!!!!!!!!!!! oct. 9th
NUBY - 9 for 1 forward split coming, along with a name change to "Bio-Clean, Inc." Details in PRE 14C filed 09/08/09:
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6790404
NJNORM on AMNE the 5 for 1 forward split does trading halt for a couple days till the forward split is processed.Thanks for anybodys help!
IOVE filed with the SEC an announcement regarding the post split trading. .003 x .0039 presently. Will see how it fares after the company announces its business model and everyone gets their shares.
The Italian Oven, Inc. (Pink Sheets: IOVE) advises shareholders that the new trading symbol is IOVE (formerly IOVN). The share modification is now complete. Company agents were in contact with officials from the Depositary Trust & Clearing Corporation on May 22, 2009, and they are acting diligently in obtaining new share certificates for shareholders that have shares in tradable form on deposit with stock brokers. The company is informed by some shareholders that a few brokers are allowing trading of their shares, while others have not allowed trading electronically but expressed a willingness to allow trading via telephone call to their trading desk. The decision as to whether to allow selling of shares prior to receipt of new share certificates is up to the individual stock broker. Questions should be directed to the corporate actions or trading division of your broker if you have questions or wish to place a sell order for your stock. However, all persons holding shares as of May 22, 2009, will receive the new shares and eventually be able to trade them.
Shareholders holding physical stock certificates may, but do not need to, turn their shares into IOVE's stock transfer agent for exchange. There is no deadline to do this and it is an individual decision as to whether to obtain a new certificate at this time. You may exchange certificates by sending the old certificate, a letter requesting a new certificate, and a check for $20.00 made payable to: Action Stock Transfer, Inc. 7069 South Highland Drive, Suite 300, Salt Lake City, UT 84121.
IOVE's common stock is structured as follows and, pursuant to the previously announced share moratorium, will not be increased any time before November 2009:
Total number of common shares: 938,291,700
Restricted common belonging to My Pleasure Limited, United Kingdom: 500,000,000
Public float shares: 325,161,800 (held by CEDE & Company)
Certificate shares: 113,129,900 (70,546,600 restricted, 42,583,300 unrestricted)
The company, to keep its shareholders updated as to progress with the company, established the following instant messaging accounts. The company invites shareholders to add the accounts to their contact list to receive notice of SEC filings and press releases.
Yahoo Messenger: theitalianoven
AIM: IOVNinvestors
ICQ: 576757259
MECA Messenger: italianoven
MSN: theitalianoven (at) live.com
Twitter: italianoven
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
Dated: May 26, 2009
THE ITALIAN OVEN, INC.
NGHI opened yesterday. Seems red hot .... :o)
SEC FILING OUT ON ITALIAN OVEN 100-1 FORWARD. EX DATE IS MAY 15 WITH THE SPLIT OCCURRING ON MAY 22.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934.
DATE OF REPORT: May 7, 2009 (Date of earliest event reported)
THE ITALIAN OVEN, INC.
(Exact name of registrant as specified in its charter)
PA 0-27182 25-1624305
(State or other jurisdiction (Commission File IRS Employer
of incorporation) Number) Identification Number)
196 WEST ASHLAND STREET, DOYLESTOWN, PA 18901
(Address of principal executive offices)
267-864-7737
(Registrant's telephone number, including area code)
NOT APPLICABLE
(Former Name or Former Address, if changed since last report)
ITEM 3.03 MATERIAL MODIFICATION TO RIGHTS OF SHAREHOLDERS
The Italian Oven, Inc. (Pink Sheets: IOVN) today advised shareholders and interested parties that the 100 for 1 share issuance has been approved by the relevant regulatory authorities. The ex-date will be May 15, 2009, and the new shares will be issued May 22, 2009. As the issuance requires a mandatory certificate exchange, the trading symbol will change. The company does not suggest trading in its public shares between the end of the business day on May 14 until May 22 so that no confusion occurs as to who is entitled to receive the new shares.
Shareholders that have their shares in certificate form may turn in the old certificate and a request for a new certificate to the transfer agent. There is no time limit to do so and old shares do not expire. You may do so by sending the old certificate, a letter requesting a new certificate, and a check for $20.00 made payable to: Action Stock Transfer, Inc. 7069 South Highland Drive, Suite 300, Salt Lake City, UT 84121.
As stated previously, IOVN will not be issuing additional shares concurrently with the 100 for 1 share issuance. That is, there will be no dilution or increases in the issued or authorized shares other than that for every 1 share, previous shareholders will hold 100 shares. On the contrary, the control block of 5,000,000 common shares will become 500,000,000 restricted common shares. The shares may eventually be converted to non-convertible preferred shares. This means that, as is the case now, the shares will not be tradable or convertible into tradable shares. After the 100 for 1 share issuance, the company's share structure will be: 999,999,999 authorized shares, with 500,000,000 restricted control block shares belonging to My Pleasure, Limited, of the United Kingdom, 325,161,800 shares in the public float with CEDE & Company (DTCC), and 113,129,900 shares in certificate form consisting of 70,546,600 restricted shares and 42,583,300 unrestricted shares. The total amount of common stock will be 938,291,700 shares in existence. In the event the 500,000,000 common shares are exchanged into to non-convertible preferred shares, the authorized number of shares will be reduced to 499,999,999 from 999,999,999 and an announcement will be made.
The company, to keep its shareholders updated as to progress with the company, established the following instant messaging accounts. The company invites shareholders to add the accounts to their contact list to receive notice of SEC filings and press releases.
Yahoo Messenger: theitalianoven
AIM: IOVNinvestors
ICQ: 576757259
MECA Messenger: italianoven
MSN: theitalianoven (at) live.com
Twitter: italianoven
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
Dated: May 7, 2009
THE ITALIAN OVEN, INC.
It will open again when the sea meets two the sky. Or, when Jupiter aligns with Mars.
Regards, 03
Red hot board I see.....what time does it open?
not off hand takes mine a day er 2..eom
Help, looking for a good brokerage for forward splits. Scottrade waits until they receive the f/s shares to update your account. I had Ameritrade a lifetime ago and they adjusted for the f/s on the day of the split and allowed it to be traded. Does anyone know of current brokerages that do this. Thanks.
SRSR and HWBI
Anybody know what is going on with these two Companies potential merger or joint venture?
Thanks
nice to see HILLxHILL too imo.)GL if ya do i jus tossed a few hundo in fer shiggles. Get lucky and turn it into G plus im hoping..at least close.DF
gotcha, will grab some.
cw
panels arent the only thing where the money is when it comes to solar imo. Anything that can replace battery or electricity for example street lights or signs has big potential imo. I think its a nice niche they have actually. Who knows will see what haps. DF
yes I checked this site. Don't see any special at site. No solar panels, only small lights...NO? Panels where the money is...
cw
I think it could be a nicie.You checked Solar Masters website or PMFIs? Solar stocks in play in the coming months and years thats fer sure imo.))
http://www.solar-masters.com/
visited they website find it nothing special. You think it will go??
cw
FSers whas up?Where yall been? PMFI 3 for 1 FS into a solar company 10m OS now 30m post FS. Grabbed a few been a while been in a FSer it seems.DF
PROBE MANUFACTURING INC
PMFI : OTCBB 3:1 eff. 9/16/2008
http://www.nasdaq.com/reference/upcoming_splits.stm
bought alittle.. it is looking good..
DLPC split adjusted .25 I believe. .21x.50 now 1 at .50 then 1@.99.PRs and interest could get it back over presplit pps imo.Ideally hehe.)DF
DLPC today last day to get in on FS eff tomorrow not today.em
DLPC 4 for 1 FS eff this thurs 2 more days to get in..could get interesting imo.)DF
USNT January 3-for-1 Stock Split Date Approved by Board of Directors
DENVER, CO, Dec 13, 2007 (MARKET WIRE via COMTEX) -- US National Telecom (PINKSHEETS: USNT), a fast-growing provider of Internet telephone services, announces that the Board of Directors has formerly approved the effective date of a 3-for-1 stock split. The stock split will have an effective date of January 18, 2008, applicable to shareholdings as of that date.
The 3-for-1 stock split is considered by many investors to be a positive move by the Company because it is believed that this will increase shareholder value, and broaden the increasing shareholder base. The Company intends to grow in part by acquiring other companies in related technology fields in 2008. Although negotiations are still pending, it is expected that the Company will announce another acquisition before December 31, 2007.
USNT has proposed a 3-1 FS
DENVER, CO, Nov 20, 2007 (MARKET WIRE via COMTEX) -- US National Telecom (PINKSHEETS: USNT) a leader in wholesale VoIP telecom, is expanding its toll free number offering. On the corporate level, USNT will be distributing its first dividend, a 3-for-1 stock dividend which is subject to final approval by the NASD.
TC X Calibur, Inc. Announces the Execution of Letter of Intent to Acquire EV Rental, LLC
SALT LAKE CITY, Nov 02, 2007 (BUSINESS WIRE) -- TC X Calibur, Inc. (the "Company") (OTCBB: TCXC) announces the execution of a Letter of Intent to acquire EV Rental, LLC, a California limited liability company ("EV Rental"), in exchange for 18,450,000 post-dividend shares of common stock of the Company that are "restricted securities" as defined in Rule 144 of the Securities and Exchange Commission, computed after taking into account a planned 2.3943 for one dividend on all outstanding common stock of the Company that requires a mandatory exchange of stock certificates to receive the dividend. The closing of the acquisition is conditioned upon a number of factors, including the completion of a bridge loan of approximately $1,450,000 by EV Rental. No assurance can be given that the acquisition will be completed.
About EV Rental: EV Rental Cars, LLC was formed in December 1998, and is the first company in the U.S. to rent exclusively hybrid electric and low-emissions vehicles to the public. It currently operates at seven airports in the western and southwestern U.S.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
LGDC 2/1 Forward Split and Reverse Merger 1.08 x 1.25 - got a bunch
LGDC - Logo Industries Corp. Signs Agreement to Acquire Verified Transaction Corp.
Tuesday October 30, 1:44 pm ET
LAS VEGAS, NEVADA--(MARKET WIRE)--Oct 30, 2007 -- Logo Industries Corp. (Logo) (Other OTC:LGDC.PK - News) is pleased to announce that it has entered into an agreement for the acquisition of Verified Transaction Corp. (Verified) by which Verified has agreed to cause no less than 75% of its shares to be tendered.
Logo will issue no more than 15,000,000 common shares and 5,300,000 preferred series "B" earn out shares to the existing shareholders of Verified. Subsequent to the acquisition Verified will become a subsidiary of Logo, the name of Logo will be changed to Verified Transactions Inc. or such other name as the board may determine, and a forward split of the share capital of the company will be commenced on a 2 for 1 basis. Post forward split the company will have 61,013,800 common shares and 10,600,000 series "B" preferred earn out shares issued and outstanding.
Got some at .75 and was working on buying more at .75 but by the time I got my other order in it was at a buck. I waited to the last minute to see if there would be any whackers but no avail. Ended up getting a couple more hundred at 15:58.lol
Just an FYI, ATNO 100 for 1 F/S is giving buyers on the 10th serious problems. Brokers are saying the DTC isnt giving out shares to holders who bought that day. ATNO did a name change right before the split that changed the cusip number is the reason. But complaints have been filed with the SEC and brokers are looking into it more. Just make these plays a little more weary to play.
IMO PR to follow before open tomorrow - IHGP
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