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Article: Phinder Technologies Announces Issuance of Stock Dividend and Clarifies Accounts Receivable Financing.
- Article from:
- PR Newswire
- Article date:
- June 13, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OTC BB symbol (PHDT)
MIAMI, June 13 /PRNewswire-FirstCall/ -- Phinder Technologies Inc. announced today that it will issue a stock dividend of one share of common stock for every twenty common shares held, effective for all shareholders as of June 22nd, 2007, the record date. Shareholders holding shares on the record date will also receive a warrant to purchase one common share at $0.18 for every twenty common shares held. These warrants are cashless and can be exercised for up to 180 days from the record date. Only shareholders on the record date will be entitled to receive the stock dividend.
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