Hemp, Inc. Announces Dividend Distribution to Shareholders
2014年4月7日 - 10:00PM
Hemp, Inc. (OTC:HEMP) announced today that the Financial Industry
Regulatory Authority (FINRA) has approved the dividend payment to
Hemp, Inc. common shareholders for the spin-off of Hemp, Inc.
subsidiary, BioSwan, Inc. assets. All Hemp, Inc. shareholders of
record, owning common stock, as of closing on January 13, 2014, are
entitled to the dividend distribution. The dividend of
BioAdaptives, Inc. common stock equates to one (1) share of
BioAdaptives for every nine hundred twenty three (923) common
shares of HEMP, Inc. held.
According to executives, electronic shares of BioAdaptives, Inc.
will be added to shareholder accounts if their Hemp, Inc. shares
are currently held electronically. A paper certificate will
be issued to shareholders who currently hold their Hemp, Inc.
common shares in the form of a paper certificate.
While BioAdaptives, Inc. has been approved by the Depository
Trust and Clearing Company (DTCC) for electronic processing, the
company is still awaiting a ticker symbol from FINRA. While a
definite date can not be ascertained, company executives expect
completion of the final step, of the ticker symbol issuance from
FINRA, to be soon.
Hemp, Inc. CEO, Bruce Perlowin said, "This has been a long
process. We clearly miscalculated the time it would take to
complete this process. However, we got our final approval and we
look forward to rewarding our shareholders with BioAdaptives, Inc.
stock very soon." He continued saying, "We also look
forward to continuing with the next three companies previously
announced over a year ago. While we can't anticipate that exact
date, we are moving as fast as possible to complete that process as
well."
BioAdaptives, Inc.'s patent-pending nutraceutical products have
been in testing for over three years and are nearing release with
significant scientific data supporting their efficacy and benefits.
Management believes the extensive research and development will pay
off.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking
statements and information, as defined within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and is subject to the Safe Harbor
created by those sections. This material contains statements about
expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties.
Such forward-looking statements by definition involve risks,
uncertainties and other factors, which may cause the actual
results, performance or achievements of Hemp, Inc. to be materially
different from the statements made herein.
CONTACT: phone: 1-855-HEMPOUT
email: info@hempincsupport.com
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