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Alaska Pacific Energy Corp Is Pleased To Announce That It Intends To Amend Its Articles Of Corporation To Create A Callable Preferred Class Of Stock, With A Cash Dividend To Paid Quarterly To All Hold
Alaska Pacific Energy Corp Is Pleased To Announce That It Intends To Amend Its Articles Of Corporation To Create A Callable Preferred Class Of Stock, With A Cash Dividend To Paid Quarterly To All Hold.
About this update from Alaska Pacific Energy Corp.
[{"type":"text","content":"Alaska Pacific Energy Corp Is Pleased To Announce That It Intends To Amend Its Articles Of Corporation To Create A Callable Preferred Class Of Stock, With A Cash Dividend To Paid Quarterly To All Holders Of This Security, Pending FINRA Approval. Jan 3, 2017OTC Disclosure & News ServicePlantation, Fl., Jan 3 2017, Fl., Jan 3, 2017 /RSS FEED -- Alaska Pacific Energy Corp. (OTC PINK: ASKE) is pleased to report that it intends to amend its current articles of incorporation to create a callable preferred class of stock with a dividend component to be paid quarterly pending FINRA approval. This security will be tied directly to investments that Alaska Pacific Energy Corp makes in the crypto currency space. The Company will also retain the right to exercise the call feature at the term, being one calendar year from its issuance. Additionally Alaska Pacific Energy Corp's CEO Greg Bourque, has already made nominal investments in several crypto currencies, already yielding return on investment. As has its subsidiary Alaska Pacific Holdings Inc. He said that there are multiple lending platforms, ICO's and current Coins generating opportunities despite volatilityof those markets. And the creation of this new security is management's way of investing its own funds in the Public Company as it endeavors to show value and retained earnings on its financial statements. The dividend component will be determined once the company has shortlisted the coins it intends to invest in. Right now, as Greg Bourque noted, there are many opportunities to choose from and that's a good problem to have. FORWARD-LOOKING INFORMATIONSafe Harbor Statement:This release may include \"forward looking statements\" within the meaning of Section 27 A of the Securities Act 1933 as amended, and Section 21 E and/or 27 E of the Securities Exchange Act of 1934, that are based on assumptions that in the future are inherently uncertain, may prove not to be accurate, and are subject to significant risks and uncertainties. These include, but are not limited to statements as to the future performance of the company, its ability to raise necessary financing, and other general economic risks and uncertaintiesThe above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC...