American International Holdings Corp (AMIH)

[abuck2491]

Oh, and the divi shares were Free Trading, not Restricted:


HOUSTON and KEMAH, Texas, Nov. 7, 2008 (GLOBE NEWSWIRE) -- Mr. Daniel Dror, Chairman and CEO, announced today that the board of directors of American International Industries, Inc. (Nasdaq:AMIN) has set a new record date for the special dividend of shares of common stock of its subsidiary, Hammond Industries, Inc. (OTCBB:HMDI) to AMIN shareholders. Additionally, the Company has increased the special dividend from one to two shares of HMDI common stock for each share of AMIN common stock. AMIN shareholders of record as of the close of business on Wednesday, December 31, 2008, will be issued two shares of HMDI common stock (free-trading to non-affiliates) for each share of AMIN common stock owned and held on the record date. The shares of HMDI common stock will be issued on or about Wednesday, February 25, 2009. Based upon HMDI's closing price of $0.30 per share on November 6, 2008, for each share of AMIN common stock held by our shareholders, they will receive $0.60 in value.