![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, June 04, 2010 9:51:13 PM
xxxx (PINKSHEETS: xxxx) is pleased to announce the board has approved a Non-Transferable, Restricted stock dividend.
xxxx Board Declares Dividend
xxx shareholders of record on July 6th, 2010 will receive 1 (One) Restricted Non-Transferable Common share for every 4 (Four) shares held.
The Dividend will be paid on September 9th, 2010. Shareholders of Record who hold their shares in certificate form will receive their shares by mail. Shareholders who hold their shares in a brokerage account will receive their shares automatically through their broker.
Non-Transferable Shares
The Non-Transferable Restricted shares will have normal voting rights and, despite being Non-Transferable, the shares will entitle the holder to potential future stock and cash dividends, spin-offs, and distributions of consideration in the event of a buy-out or Merger that cause the cancellation back to treasury. However in no circumstances can the shares be sold, transferred, pledged or hypothecated.
Recent KATX News
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 06/20/2024 11:58:38 AM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM