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PV Enterprises International, Inc. Announces the declaration and Record Date of a 1 for 175 Preferred-Share Stock Distribution.
PV Enterprises International, Inc. Announces the declaration and Record Date of a 1 for 175 Preferred-Share Stock Distribution..
About this update from Drone Services Usa, Inc.
[{"type":"text","content":"\n\n\n\nPV Enterprises International, Inc. Announces the declaration and Record Date of a 1 for 175 Preferred-Share Stock Distribution.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nPV Enterprises International, Inc. Announces the declaration and Record Date of a 1 for 175 Preferred-Share Stock Distribution.\nPR Newswire\nFORT LAUDERDALE, Fla., Feb. 28, 2014\n\n\n\n\n\n\n\nFORT LAUDERDALE, Fla., Feb. 28, 2014 /PRNewswire/ -- PV Enterprises International, Inc. (OTC: PVEC, the \"Company\"), is extremely pleased to announce to all shareholders of record that on March 14th, 2014 the company will gift one (1) share of PVEC Series C Preferred Stock for every one hundred seventy-five (175) shares of PVEC common stock held.\n\nThe Company wishes to show its gratitude to our long term shareholders that have been firmly invested and supportive of PVEI throughout the challenges faced in recent months. Similarly, the Company wishes to restore value and confidence lost as a result of the IMAG dividend, which for circumstances beyond the control of the Company, were unable to be issued.\n\nAs the Company continues to move forward in present negotiations we are confident such will propel the company forward in the coming months. As part of this approach we are providing the following to all shareholders of record as of March 14th, 2014:\n\nOne (1) share of Series C Preferred Stock for every one hundred and seventy-five (175) shares of Common Shares owned of PV Enterprises International, Inc. (PVEC)\n\nSeries C Preferred Stock is a preferred stock that will be restricted from redemption for six (6) months from the date of issue and has a par value of $.20 (twenty cents). Series C stock will be issued in certificate form and mailed to all shareholders of record beginning the following week after recording, the week of March 17th, 2014, arriving to shareholders by mail. Beginning September 17th, 2014, certificates will be eligible for redemption for face value in cash or $.20 worth of PVEC common stock. In the event the price per share is higher than face value of $.20 (twenty cent...