![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Sunday, October 31, 2010 3:57:59 PM
BEVERLY HILLS, Calif., Sept. 27 /PRNewswire-FirstCall via COMTEX/ -- Imperia Entertainment, Inc. (Pink Sheets: IPEI IPEI Ionospheric Plasma and Electrodynamics Instrument ) announced today that it has changed the terms of its July 10, 2006 dividend of stock in former subsidiary Muller Media, Inc., to a cash dividend. The pay date of the dividend has been established as November 15. On that date, every shareholder who was a shareholder in Imperia Entertainment, Inc. as of the record date of July 10, 2006, will receive, instead of one share of Muller Media, Inc. for every 1,000 shares held in Imperia prior to the October 2006 reverse split, two cents for every 1,000 pre split shares held on the record date. "With Muller stock currently trading at .0001 per share, this provides approximately 200 times more value to our shareholders, and the payment can be immediate, instead of waiting for a registration of securities" said Kenneth Eade, Chairman. The company decided to change the dividend to a cash dividend because of the recent price drop in Muller stock, and the sale of its position in the subsidiary.
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM