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Tuesday, November 12, 2013 2:03:00 PM
Healthnostics, Inc. (OTC Pink: HNSS), today announced a special distribution of stock to shareholders of record as of November 15, 2103. All shareholders of record on that date will receive 2 additional shares of common stock for every 10 shares held. The new shares will be distributed in certificate form only and bear a restrictive legend under Rule 144 of the Securities Act of 1933.
The Company plans to execute the special stock distribution as soon as practical after the record date.
Didn't we already do something similar to this? "As soon as practical" means, "whenever we think you've forgotten we diluted the stock".
What good is a 20% dividend, if the OS has been diluted by >1000% by then?
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