Business
Next Group Holdings Reminds Shareholders to Document their Positions for July 22, 2016 Dividend Record Date
Next Group Holdings Reminds Shareholders to Document their Positions for July 22, 2016 Dividend Record Date.
About this update from Cuentas Inc.
[{"type":"text","content":"\n\n\n\nNext Group Holdings Reminds Shareholders to Document their Positions for July 22, 2016 Dividend Record Date\n\n\n\n\n\nNext Group Holdings Reminds Shareholders to Document their Positions for July 22, 2016 Dividend Record Date\nPR Newswire\nMIAMI, August 18, 2016\n\n\n\nMIAMI, August 18, 2016 /PRNewswire/ --\n\nNext Group Holdings, Inc. (OTCQB: NXGH) (the \"Company\") today reminded shareholders that, if they have not already done so, they should promptly request interim statements from their brokers documenting their positions in Next Group common stock as of the dividend record date of July 22, 2016.\n\nA form letter that can be used by shareholders to request their interim statement is posted in the Investor Relations section of the Company's website, along with a \"Shareholder Transmittal Letter,\" which each shareholder should use when transmitting their interim statement to the Company. The Shareholder Transmittal Letter should be fully completed, signed by the shareholder and then returned to the Company by email or fax, as indicated in the Shareholder Transmittal Letter, along with the attached interim account statement. Shareholders should note that the interim statement from their broker can be a simple letter on the broker's letterhead confirming their ownership position in Next Group Holdings common as of the close of trading on the July 22nd record date and need not be a formal account statement, as many brokers only generate formal statements on a monthly basis.\n\nThe Company is currently in the process of confirming each shareholders' common stock position, based on their submitted interim statements, in order to put the company in a position to issue the dividend. Submissions from approximately 156 \"street name\" ONLY shareholders that own approximately 24,194,983 shares of Next Group common stock have already been processed. This represents approximately 10.5% of the total 1,479 record \"street name\" shareholders, which own approximately 68% of the total 35,327,018 shares in \"street name\" as of the dividend record date. Accordingly, the approximately 1,323 remaining shareholders that have not made their submissions should document their positions in the Company's common stock, as of the dividend record date, as soon as possible, to insure that their shares are processed. \"This is very important to ...