Action Products International, Inc. (APII) Announces Stock Dividend
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/13/11 -- Action Products International, Inc. (PINKSHEETS: APII) is announcing a 5% stock dividend to all APII common-stock shareholders.
Each common stock holder will receive .05 shares of common stock for each share they own, rounded down to the lowest whole number of shares.
Declaration Date of Dividend: 10/10/2011
Date of Record: 10/22/2011
Payment Date: 11/11/2011
Ex-Dividend Date: 11/12/2011
"We wanted to find a way to thank our shareholders for sticking by us as we transformed Action Products into a new company," said Gary Polistena, CEO of Action Products. "We believe that issuing a stock dividend such as this, is a way to do just that. Working together, I believe that we are going to do great things, and as we build out our network of subsidiaries in logistics, internet, and cloud services, we will increase our revenue and bring additional value to each and every shareholder."
About Action Products International, Inc.
Action Products International, Inc. (PINKSHEETS: APII) is seeking to acquire or merge with companies with growth opportunity within the cloud services computing vertical. The company's business model is to bring together companies that deliver technology and services in applications, software, social media and infrastructure as a service.
Safe Harbor Statement
This press release contains forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as its future results of operations and financial condition. Such risks include, but are not limited to, the effects of competition with existing enterprises and/or new entrants into the company's markets and industries, fluctuations in currency exchange rates, domestic and global economic conditions generally, the company's ability to obtain financing and attract suitable personnel where required to fully implement its business plan, the adoption and acceptance by the marketplace of the company's technologies and product and service offerings, the possibility of new technologies that are competitive with the company's planned product and service offerings and the effects of future political and economic developments both in the United States and abroad, among others. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of information, future events or otherwise.
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Datum: 13.10.2011 - 17:05 Uhr
Sprache: Deutsch
News-ID 76002
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