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ALTM Atum Resource Corp

0.42
0.00 (0.00%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Atum Resource Corp CSE:ALTM CSE 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% 0.42 0.405 0.42 0 01:00:00

Alternate Marketing Networks Reports on Shareholder Dividend and New Internal Initiatives

30/04/2007 10:18pm

PR Newswire (US)


Atum Resource (CSE:ALTM)
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From Jun 2019 to Jun 2024

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HUDSONVILLE, Mich., April 30 /PRNewswire-FirstCall/ -- Alternate Marketing Networks, Inc. (Pink Sheets: ALTM) held a board meeting in preparation of its annual meeting on June 6, 2007 and to review several strategic uses of its working capital. While the Company decided not to invest in an acquisition, it did decide to invest in several internal initiatives including its interactive and promotional media strategy. The Company believes these investments are needed to continue to be relevant to its advertisers and national market networks and improve future earnings potential. In addition, the board of directors passed a resolution to authorize a cash dividend of ten cents per share on the Company's common stock. The dividend is payable on June 20, 2007 to shareholders of record as of June 6, 2007. The Company's management also decided not to participate in Pink Sheets new higher market tier offering(s) at this time. Management believes its time and the Company's financial resources could be better utilized in its internal initiatives and/or for a dividend to shareholders in 2007. The Company's sole operating subsidiary, National Home Delivery, Inc., through its three divisions U.S. Suburban Press (USSPI), Custom Media Solutions (CMS) and Specialty Media Solutions (SMS), provides newspaper, online and promotional solutions to national advertisers in the United States. DATASOURCE: Alternate Marketing Networks Inc. CONTACT: Phil Miller, Chairman and CEO of Alternate Marketing Networks, Inc., +1-616-662-6420, Ext. 12, Web site: http://www.altmarknet.com/

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