Replies to post #63233 on Universal Apparel and Textile Co. (DKGR)

[AsianGroup]

TraderLong2..

It takes you to http://drakegold.com/blog/view/544/drake_gold_resources_inc___dkgr_otc__provides_an_update_on_eagle_oil_holding_company_inc___egoh_otc__

Eagle Oil Holding Company Inc. (EGOH:OTC) Approves a Stock Dividend to increase Liquidity
Trader..


I don't pay too much attention to that stuff, below is part of the release..

Dividend to increase Liquidity
Eagle Oil Holding Company Inc. (EGOH:OTC ) is pleased to announced today that, pursuant to a special meeting of the Board of Directors, it has passed a resolution approving a stock dividend to all stockholders of record. The exact timing and setting of the official record date will be shortly announced pending FINRA’s final approval.

Due to the lack of liquidity in the stock, and as a reward for the past loyalty and patience the shareholders have shown, the Board has approved a Stock Dividend that will pay all shareholders of record a 3% stock dividend. This dividend would issue each shareholder 3 new Eagle Oil Holding Company Inc. shares for every 100 held. New share certificates will be mailed directly to all qualifying shareholders of record by the Company’s Transfer Agent within 30 days of the Record Date. The Company recommends that all stockholders contact their brokers to ensure their mailing information is current so that there will not be any issues in the delivery of the new stock certificates.