Hybrid Energy Holdings Declares a 5% Common Stock Dividend
08 July 2010 - 10:30PM
Marketwired
Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) announced today
that pursuant to a special meeting of the Board of Directors held
on July 7, 2010, the company declared a stock dividend to all
stockholders and set the record date for stock dividends to be 5pm
EDT, July 30, 2010.
The Board of HYBE has voted to pay all shareholders on record a
stock dividend of 0.05 shares for every share owned. 5 new Hybrid
Energy shares will be issued for every 100 owned.
The Ex-Dividend Date will be set at July 28, 2010. For the
purpose of clarity, the standard Ex-Dividend Date rules will apply.
If a stockholder buys a dividend paying stock one day before the
Ex-Dividend Date, you will still qualify for the Stock Dividend.
However, if you buy on the published date of the Ex Dividend, in
this case July 28, 2010, you won't be eligible for the Stock
Dividend. Conversely, if you want to sell a stock and still receive
a dividend that has been declared, you need to sell on (or after)
the Ex-Dividend Day.
The date of payment for the stock dividends to all qualifying
shareholders will be no later than one month after the Record Date.
New share certificates will be mailed directly to all shareholders
of record by the Company's Transfer Agent. In the interim, we
advise all stockholders to contact their brokers to ensure their
mailing information is updated and correct in order that stock
certificates arrive at their proper destination.
The company values the loyalty of its stockholders and wishes to
increase their ownership as the company grows.
About Hybrid Energy Holdings Hybrid Energy
Holdings (HEH) acquires and operates profitable energy companies
with strong historical cash-flow and sustainable profitability. The
Company acquires sector-specific technology and assets as part of
its Phase II Clean Energy Initiative. HEH's prior foundation
building acquisitions focused primarily on traditional and proven
fuel production has transitioned its growth strategy to adding the
latest in energy conservation, reclamation, and power co-generation
technologies. HEH may acquire nascent energy technology or rights
as portfolio enhancing assets. HEH's primary business strategy is
the acquisition of diverse, profitable energy related assets that
provide synergistic profits and revenue enhancements across all
portfolio companies.
HEH believes its combination of profitability and mitigated-risk
funding structures provides long-term shareholder equity
appreciation.
The company maintains its web site at:
www.HybridEnergyHoldings.com
Safe-Harbor Statement
This release contains statements or projections regarding future
performance that are forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Actual results
may differ materially from those projected as a result of certain
risks and uncertainties. The company's filings contain various RISK
FACTORS (and are incorporated on the Company's website "Investors"
section by reference) and should be read before any investment
decision.
Contact: Investor Relations Tel: +1 (775) 636-7602 Fax: +1 (775)
996-7330 info@HybridEnergyHoldings.com
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