VRGD News, not much trading on this one since the split.lol(PR NEWSWIRE) Veridigm (VRGD) Declares 18.5% Common Stock Dividend
PACIFIC PALISADES, Calif., March 12 /PRNewswire-FirstCall/ -- Veridigm,
Inc. (OTC Bulletin Board: VRGD) today declared a common stock dividend of
eighteen and one half (18.5%) on all verified, issued and outstanding common
shares of the Company's stock. The Preferred shares will not receive a
dividend.
The ex-dividend date is March 31st 2008.
Rowland J. Mosser commented that, "Additional liquidity for the Veridigm
equity is being added fairly and unilaterally through a planned series of
dividend issuances, giving speculators an opportunity to profit and investors
an opportunity to increase their equity stake as we progress. The value of
this 18.5% dividend is slightly over one million shares to owners valued at
approximately fifteen million dollars. The Company's board pledged to donate
1% of the Company's issued and outstanding ex-dividend, to local Vancouver, BC
shelter charities."
Forward-Looking Statement: The statements in the press release that relate
to the Company's expectations with regard to the future impact on the
Company's results from acquisitions or actions in development are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. The statements in this document may also
contain '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.
When used in this press release, the words 'anticipate,' 'believe,'
'estimate,' 'may,' 'intend,' 'expect' and similar expressions identify such
forward-looking statements. Forward-looking statements are subject to risks,
uncertainties, and other factors that could cause actual results to differ
materially from those contained in such statements. Such risks, uncertainties,
and factors include, but are not limited to, future capital needs, changes,
and delays in product development plans and schedules, or market acceptance.
SOURCE Veridigm, Inc.
Contact Information:
Andrew Wilcox, 1-888-646-5677, for Veridigm Inc.
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