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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Day Tradexchange Inc (CE) | USOTC:SYNJ | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 00:00:00 |
It was further resolved by the Board that the Company will adhere to a strict dividend issuance schedule and authorized the CEO to begin the process of releasing the same dividend for the 2nd Quarter 2011 with a "Declaration Date" on or about April 2nd, 2011. The Board also took further steps to enhance the Company's Dividend program by creating an affordable service that would enable our shareholders to have the restrictive legends on their dividend shares lifted. It is anticipated that the charge for the service will be approximately $50.00. The Board expects to launch the service in coordination with our transfer agent as soon as the amended restrictive legend to be stated on the dividend shares is approved by each of our legal teams.
"The dividend policy of the Company is designed to increase equity valuation, enhance the potential for equity investment, discourage short trading activity and, most importantly foster a longer term investor attitude. As the growth in valuation of the Company becomes realized the dividends will become a strong attraction to new shareholders. I also recognize that our dividend policy is problematic to market makers holding short positions in our stock and I feel sure that this dividend issuance will cause real attention demands. However, I will not deny dividends to our shareholders because, the ability of market makers trading our stock for the purpose of their own self profit, becomes complicated," said the CEO, of Syndication Inc.
As issues develop, the Company will release details on the Lake City S.C. warehouse purchase and the status of the counter offer and roof replacement, legal issues related to the $5 million dollar loan escrow and the 2 Consulting Agreements with Better Environment Concepts Inc., (the Capital Market and Acquisition Structure Agreement and the SRE S.C. Inc., Plant Operations Oversight Agreement).
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
Contact Information; Syndication Inc., Brian Sorrentino Phone # 888-422-5515 or go to Syndicationinc.net
For all mail correspondence; Box 503, Damascus, MD 20872
CONTACT: Syndication Inc. 888-422-5515
1 Year Day Tradexchange (CE) Chart |
1 Month Day Tradexchange (CE) Chart |
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