Business
COREwafer Industries, Inc. Announces stock dividend
COREwafer Industries, Inc. Announces stock dividend.
About this update from Aluf Holdings, Inc.
[{"type":"text","content":"\n \n Normal\n 0\n \n \n \n \n false\n false\n false\n \n EN-US\n X-NONE\n X-NONE\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nCOREwafer Industries, Inc. (OTC Pink: WAFR), a\ntechnology leader in semiconductors, announces plans to issue a stock dividend of\n1:20 for shares held.\n\n\n\nCOREwafer\nIndustries, Inc. announces that it intends to distribute a special common stock\ndividend equal to 1 share for every 20 share block of its outstanding shares of\ncommon stock. \n\nThe\ndividend will be payable on or about April 26, 2013 to shareholders of record\nas of April 12, 2013.\n\nWords from Gary Polistena, CEO of COREwafer\nIndustries:\n\n“We do\nnot believe that the current PPS accurately reflects the assets acquired with\nthe closing of Corewafer Systems. It is our intention is to reward the patience\nof our long term shareholders while we work towards completing our audit. We\nbelieve that with independently audited financials our PPS will better reflect\nthe true value of the company.” \n\nAbout COREwafer Industries, Inc.\n\nCOREwafer\nIndustries, Inc. (OTC Pink: WAFR.PK) is currently the parent company of North East Expedite\nLogistics, a Transportation company; and the parent of Core Wafer Systems,\nInc., a technology leader with their propriety measurement schema for physical\nphenomena of semiconductor structures.\n\nPlease refer all shareholder inquiries\nto COREwafer Investor Relations via Twitter @Corewafer, via Facebook http://www.facebook.com/corewafer, or by emailing [email protected]\n\nCompany Web\nSite: http://www.corewaferindustries.com 
\n\nSafe Harbor Statement\n\nThis\npress release contains forward-looking statements. These forward-looking\nstatements are based on the current plans and expectations of management and\nare subject to a number of uncertainties and risks that could significantly\naffect the company's current plans and expectations, as well as its future\nresults of operations and financial condition. Such risks include, but are not\nlimited to, the effects of competition with existing enterprises and/or new\nentrants into the company's markets and industries, fluctuations in currency\nexchange rates, domestic and global economic conditions generally, the\ncompany's ability to obtain financing and...