Just found this:
SOURCE: Prime Restaurants, Inc.
Jul 31, 2007 11:06 ET
Prime Restaurants, Inc. Board of Directors Approves a 3 for 1 Stock Dividend
FT. MYERS, FL--(Marketwire - July 31, 2007) - Prime Restaurants, Inc. (PINKSHEETS: PRSU) today announced that its Board of Directors has approved a 3 for 1 stock dividend.
The dividend will be paid to common shareholders only of record on August 15, 2007 and payable in unrestricted free trading common shares on August 29, 2007. Each common shareholder will receive 3 shares for every 1 share owned on the record date and payable as indicated.
The 3 for 1 common share dividend will not apply to management's restricted shares and will only be payable to the public common shareholders.
"The company is taking this action to increase the visibility and liquidity of the company within the investment community," said Cris Galo, President.