Full Alliance Group
(OTCPK:FAGI) Board of Directors Votes to Approve
Dividend
Los Angeles, CA --
May 24, 2018 --
InvestorsHub NewsWire -- The
Board of Directors of Full Alliance
Group, Inc.
(OTC
PINK:
FAGI) ("Full
Alliance
Group" or "FAGI"),
is today pleased to announce its Board of
Directors has voted unanimously to approve the declaration of a
special dividend in the form of common stock of FAGI,
to the holders of FAGI's
common stock as at June
15, 2018 ("Record
Date") - or -
The
record date will be 10 days following a final determination by
FINRA.
The holder of each 10
shares of FAGI's common stock on
the Record Date will receive one share of common stock in
FAGI.
Full
Alliance is in the process
of filing with
the
Financial Industry Regulatory Authority ("FINRA") of the occurrence
of this corporate action (the "Dividend"), under which the Dividend
will be distributed ("Distribution date")
to be announced following
FINRA's review and
approval.
The Board of
Directors
has taken this step because it believes it is in the best
interests of FAGI shareholders, is
necessary to protect stockholders interests and would unlock
significant stockholder value.
Sincerely,
Jacob Thomas
Chairman /
CEO
Contact:
InvestorRelations@FullAlliance.com
About Full
Alliance Group Inc.
Full Alliance Group
Inc. (OTC PINK: FAGI) is a multi-faceted holding company with
varied interests in banking and point-of-sale (POS) technology,
financial services, real
estate, nutraceuticals
and
computer software development. Full Alliance Group
provides investment capital, modern business practices, and
best-in-class management to assist growing companies to reach their
greatest potential.
FORWARD-LOOKING
STATEMENTS
This shareholder
update may contain a number of forward-looking statements. Words
and variations of words such as: "expect", "goals", "could",
"plans", "believe", "continue", "may", "will" and similar
expressions are intended to identify our forward-looking
statements, including but not limited to: our expectation for
growth, benefits from brand-building, cost savings and margins.
These forward-looking statements are subject to a number of risks
and uncertainties, many of which are beyond our control, which
could cause our actual results to differ materially from those
indicated in our forward-looking statements. Such factors include,
but are not limited to: continued volatility of, and sharp increase
in: costs/pricing actions, increased competition, risks from
operating internationally, consumer weakness, weakness in economic
conditions and tax law changes.