Puissant Industries, Inc.'s Board of Directors and Consenting Shareholders Approve a 20% Common Stock Share Dividend
18 8월 2014 - 10:00PM
Business Wire
Puissant Industries, Inc. (OTCBB: PSSS) (the “Company”) is
pleased to announce that on August 18, 2014 its Board of Directors
and Consenting Shareholders constituting 75.76% of the Company’s
outstanding shares approved of the Company filing Articles of
Amendment to the Company’s Articles of Incorporation with the State
of Florida, which will affect a two (2) shares for every ten (10)
Shares Dividend of the Company’s issued and outstanding common
stock shares (the “Share Dividend”). The record date of the Share
Dividend is September 4, 2014; the ex-dividend date is September 2,
2014.
About Puissant Industries, Inc.
Puissant Industries, Inc. is engaged in oil and gas exploration
and development activities in fractured shale formations located in
Eastern Kentucky. Puissant’s business strategy is to grow its
reserves, production and cash flow on a cost-efficient basis. The
key elements of this business strategy include:
- Developing and exploiting Puissant’s
existing properties with a multi-year drilling program in the
Appalachian Basin Devonian Shale;
- Maintain long-life reserve base by
focusing on acreage acquisition and development activities on
resources that target long-life gas and oil reserves;
- Use a disciplined financial approach to
be financially strong, yet flexible, through the prudent management
of our balance sheet and active management of commodity price
volatility.
Disclaimer
Statements made in this press release that express the Company
or management’s intentions, plans, beliefs, expectations or
predictions of future events, are forward-looking statements. The
words “believe,” “expect,” “intend,” “estimate,” “anticipate,”
“will” and similar expressions are intended to further identify
such forward-looking statements, although not all forward-looking
statements contain these identifying words. Those statements are
based on many assumptions and are subject to many known and unknown
risks, uncertainties and other factors that could cause the
Company’s actual activities, results or performance to differ
materially from those anticipated or projected in such
forward-looking statements. You should review all of the Company’s
filings, most significantly its periodic reports that are available
at www.sec.gov. The Company cannot guarantee future financial
results, levels of activity, performance or achievements and
investors should not place undue reliance on the Company’s
forward-looking statements. Readers are cautioned that the Share
Dividend is subject to SEC Regulatory Review of the Preliminary
Information Statement (followed by the filing of a Definitive
Information Statement), filing Articles of Amendment with the State
of Florida and FINRA filings that are subject to their
review and approval of the Share Dividend.
No information contained in this press release should be
construed as any indication whatsoever of: (a) the Company's
future stock price; (b) the Company's future financial
results; (c) whether the Share Dividend will have any positive
effect upon the trading of the Company’s stock. The forward-looking
statements contained herein represent the judgment of the Company
as of the date of this press release -- the Company expressly
disclaims any intent, obligation or undertaking to update or revise
such forward-looking statements to reflect any change in the
Company’s expectations with regard thereto or any change in events,
conditions or circumstances on which any such statements are
based.
Contact:For Puissant Industries, Inc.:Mark Holbrook, Chief
Executive Officer(606) 864-3161mh857@aol.com
For Puissant Industries, Inc.Mark Holbrook, 606-864-3161Chief
Executive Officermh857@aol.com
Puissant Industries (CE) (USOTC:PSSS)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
Puissant Industries (CE) (USOTC:PSSS)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024
