Business
AV1 Group Grants Special Stock Distribution to Shareholders of Record as of June 30th 2016
AV1 Group Grants Special Stock Distribution to Shareholders of Record as of June 30th 2016.
About this update from Omid Holdings, Inc.
[{"type":"text","content":"\n \n \n AV1 Group Grants Special Stock Distribution to Shareholders of Record as of June 30th 2016\n \n \nAV1 Group Grants Special Stock Distribution to Shareholders of Record as of June 30th 2016\n \n LA JOLLA, CA--(Marketwired - Jun 1, 2016) - AV1 Group, Inc. (OTC PINK: AVOP), a publicly traded investment and holding company, is pleased to announce that in accordance with its strategy to strengthen shareholder confidence, the Company has authorized a special distribution of stock to shareholders of record as of June 30, 2016. \n Accordingly, all shareholders of record on that date will receive 2 additional shares of common stock for every 10 shares held. The new shares will be distributed in certificate form only and bear a restrictive legend under Rule 144 of the Securities Act of 1933.\n \"In our effort to invest in long term growth, we have opted to further develop the stock structure by building upon the foundation of our loyal shareholder base,\" stated Bryen Beglinger, Chief Executive Officer of AV1 Group Inc. \"We view the company in terms of decades, not quarters or years, and look forward with great anticipation to building an enduring and successful future for the Company and investors alike.\"\n The Company plans to execute the special stock distribution as soon as practical after the record date with a target of July 15, 2016.\n About AV1 Group, Inc.: AV1 Group, Inc. is a publicly traded investment and holding company established to identify, secure, and monetize emerging growth companies, technologies and ecommerce businesses positioned for exponential growth. The Company seeks to discover inspired entrepreneurs with revolutionary concepts which can make a substantial footprint in markets that the Company believes to have considerable growth potential. AV1 Group, Inc.'s comprehensive business model also includes a division which delivers internally created projects that are poised for revenue generation, and a platform enabling the Company to develop embryonic stage subsidiaries under one umbrella, bringing a spectrum of backgrounds to the table, thus providing a significant resource of experience, knowledge and expertise to every venture. AV1 Group, Inc. explores every opportunity to help each sector exceed their revenue goals while building close, active working relationships; preparing each respective division...