Replies to post #41483 on Green Stream Holdings Inc (GSFI)

[PennyHoper]

These shares:
https://www.globenewswire.com/news-release/2019/06/11/1866964/0/en/Green-Stream-Holdings-Inc-GSFI-Announces-Declaration-Of-A-Special-Common-Stock-Dividend.html

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MALIBU, Calif., June 11, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – Green Stream Holdings Inc. (Green Stream or the Company) (OTC: GSFI) a holding company of Green Stream Finance, Inc. announced today that its Board of Directors has approved a special stock dividend (the “Distribution”) to Green Stream Holdings Inc. stockholders of one share of restricted common stock for every 100 shares of common stock presently owned.

The Distribution of the special stock dividend will be made on June 30, 2019 (the “Distribution Date”) to all Green Stream stockholders of record on the record date of June 14, 2019. The Distribution will take place in the form of a pro rata common stock dividend to each Green Stream stockholder of record on the Distribution Date.

No fractional shares of common stock will be distributed. Instead, Green Stream stockholders will receive a number rounded to the next highest number. The Distribution is intended to qualify as tax free to Green Stream stockholders for U.S. federal income tax purposes.
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GSFI kept their word. Those dividend shares began to show up in peoples' accounts yesterday. (Hard to say how long it will take for the full distribution. Obviously someone got their shares today. I got mine yesterday.)