Zippy Bags, Inc. Announces Record Date for 2 for 1 Dividend
29 Enero 2013 - 5:00AM
Zippy Bags, Inc. (OTCBB:ZPPB), a specialty hybrid sporting goods
bag manufacturing company, today announced the record date for the
previously announced 2 for 1 stock dividend.
The Company filed the 10 day corporate action notification with
FINRA and has requested the record date for the corporate action to
be February 12, 2013. Because the stock dividend
was greater than 25%, FINRA requested the corporate action be
submitted as a Forward Split. Each shareholder of record at the
close of business on February 12, 2013 will receive two shares for
every one outstanding share held on the record date.
The Company has also requested to FINRA that the payment date be
February 19, 2013 and the ex-date be February 20, 2013. The ex-date
is the first business day after the payment date and is after the
record date.
All of the requested dates are subject to FINRA approval.
This corporate action does not reduce the market capitalization
of the Company. The Forward Stock Split will increase the
outstanding shares from 91,250,000 shares to 182,500,000 shares. To
find out more about Zippy Bags, Inc. (ZPPB), visit the Company's
website at:
www.zippybagsinc.com
Safe Harbor Disclaimer
This material includes forward-looking statements based on
management's Current reasonable business expectations. In this
document, the words "can," "anticipates," "believes" and similar
expressions identify certain forward-looking statements. These
statements are made in reliance on the Private Securities
Litigation Reform Act, Section 27A of the Securities Act of 1933,
as amended. There are numerous risks and uncertainties that could
result in actual results differing materially from expected
outcomes. The material should be read in conjunction with the
Company's current annual and quarterly reports filed with the SEC,
which contain discussions of currently known factors that could
significantly impact the Company's future.
CONTACT: Zippy Bag's Inc.
Janet Somsen
888-890-5692
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