COREwafer Industries, Inc. Announces Stock Dividend
March 27 2013 - 8:25AM
Marketwired
COREwafer Industries, Inc. (PINKSHEETS: WAFR), a technology leader
in semiconductors, announces stock dividend.
COREwafer Industries, Inc. announces that it intends to
distribute a special common stock dividend equal to 1 share for
every 20 share block of its outstanding shares of common stock.
The dividend will be payable on or about April 26, 2013 to
shareholders of record as of April 12, 2013.
Words from Gary Polistena, CEO of COREwafer Industries:
"We do not believe that the current PPS accurately reflects the
assets acquired with the closing of Corewafer Systems. It is our
intention is to reward the patience of our long term shareholders
while we work towards completing our audit. We believe that with
independently audited financials our PPS will better reflect the
true value of the company."
About COREwafer Industries, Inc.
COREwafer Industries, Inc. (PINKSHEETS: WAFR) is currently the
parent company of North East Expedite Logistics, a Transportation
company; and the parent of Core Wafer Systems, Inc., a technology
leader with their propriety measurement schema for physical
phenomena of semiconductor structures.
Please refer all shareholder inquiries to COREwafer Investor
Relations via Twitter @Corewafer, via Facebook
http://www.facebook.com/corewafer, or by emailing
investor@corewaferindustries.com
Company Web Site: http://www.corewaferindustries.com
Safe Harbor Statement
This press release contains forward-looking statements. These
forward-looking statements are based on the current plans and
expectations of management and are subject to a number of
uncertainties and risks that could significantly affect the
company's current plans and expectations, as well as its future
results of operations and financial condition. Such risks include,
but are not limited to, the effects of competition with existing
enterprises and/or new entrants into the company's markets and
industries, fluctuations in currency exchange rates, domestic and
global economic conditions generally, the company's ability to
obtain financing and attract suitable personnel where required to
fully implement its business plan, the adoption and acceptance by
the marketplace of the company's technologies and product and
service offerings, the possibility of new technologies that are
competitive with the company's planned product and service
offerings and the effects of future political and economic
developments both in the United States and abroad, among others.
The company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of information,
future events or otherwise.
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