InvestorsHub Logo
Followers 0
Posts 4070
Boards Moderated 0
Alias Born 04/02/2006

Re: None

Tuesday, 07/11/2006 9:56:40 PM

Tuesday, July 11, 2006 9:56:40 PM

Post# of 232
Have SNIO's ADZR shares already been sold .....

or were they just planning to sell the shares ? ADZR is now halted by the SEC and when trading resumes, I suspect they'll be trading at about .01 or thereabouts.

"The announcement follows on the heels of the company's June 27, 2006 announcement declaring its first dividend ever for all shareholders of record as of June 30, 2006. The June announcement also reported that 'The amount and timing of the dividend will be based on funds derived from sale of its 882,353 shares in AdZone Research, Inc ... ' However, when calculating the amount of dividend to be provided to each shareholder, we found some restricted certificates that were issued for acquisitions that were abandoned and never consummated. Since the holders of these certificates have yet to return their certificates, we are taking aggressive actions to have them returned or cancelled to avoid paying dividends to shareholders who are not entitled to receive them."



My board is ...... CHICKEN MAN - winning picks !!