$PNOW Within 48 hours of this announcement, management will effectuate the certificate of designation, formally establishing the new Series BB Preferred Stock. Mr. Pereira then intends to file with the State of Nevada by March 30th, to officially authorize the new Series BB Preferred Stock. Within three business days of that filing, Management will then announce the requirements of shareholder participation. Shortly thereafter, if not during the same announcement, management will announce the 'X-Dividend Date'; defining the time frame in which previous, current and new investors must secure their minimum holdings to receive the preferred stock dividend.
http://finance.yahoo.com/news/pure-award-shar...00907.html
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