Business
Between Dandelions, Inc. Announces Special One-Time Cash Dividend Following Sale Of Beer Related Assets
Between Dandelions, Inc. Announces Special One-Time Cash Dividend Following Sale Of Beer Related Assets.
About this update from Optimus Healthcare Services, Inc.
[{"type":"text","content":"NORTH MIAMI, FL / ACCESSWIRE / February 13, 2019 / Between Dandelions, Inc. (OTC PINK: HOPS) ("BD"), a Florida publicly traded, socially-driven, lifestyle and branding company, announced today that on February 10, 2019 its board of directors declared a special one-time cash dividend of US $0.34 per share payable to its shareholders of the company's common stock. Additionally, the Preferred B series class will be eligible for the dividend per the 2016 Annual Meeting which approved the asset sale provisions. The dividend will be payable on approximately February 28, 2019 to all shareholders of record as of the market close on February 21, 2019.Sean Spiegelman, CEO and Chairman, said, "With the sale of the beer related assets businesses our board is pleased to announce our first ever special cash dividend. We remain committed to returning capital to shareholders when and where it is applicable while maintaining the financial flexibility to continue to invest in our growth opportunities and to explore strategic M&A including but not limited to the Hemp and CBD fields. Under the advisement from the Strategic Advisory Board the company has continued to focus on executing its core strategy under its most recent announcement of the "Joint Venture" with Hempleton Investment Group www.hempleton.com. The company is focused on deploying an "asset light" model for its US operations.Dr. Richard Drucker, Board Member commented, "This is a proud moment for the company and by approving a special one-time cash dividend it clearly demonstrates our commitment to maximizing shareholder value, and we believe it is an appropriate way to reward our shareholders for their support."About Between Dandelions, Inc.BD is a Florida publicly traded, social-purpose driven lifestyle and branding company which is currently developing a line of high-end proprietary Hemp and hemp-derived CBD products to be grown and processed in North Carolina by United States Military Veterans and extracted and tested in North Carolina as well. The company's Hemp and hemp-derived CBD products are expected to be distributed in North Carolina in the beginning half of 2019 and expand thereafter. BD's line of products will be aimed at supporting alternatives to opiates and focus on giving back to our country's veterans thru multiple pro...