dipped to .0042 today AKA 100dma Don't see the 10% added shares?
TORRANCE, Calif. , Aug. 11, 2021 /PRNewswire/ -- Drone Guarder, Inc. (OTC: DRNG) has announced a special one-time dividend of 439,097,990 shares of its stock payable to both common and preferred stockholders. Stockholders of common stock will receive 1 additional share of DRNG for every 10 shares owned. Common stockholders would receive a total of 261,175,554 shares, and Preferred stockholders would receive a total of 177,922,436 shares.
With this special dividend, Drone Guarder is rewarding its common and preferred shareholders for their diligence as the company pursued a restructuring program designed to unburden itself from the decisions of its previous management. Drone Guarder was recently acquired by Video River Networks and is in the process of becoming current with OTC Market regulations. The company's new CEO Frank Igwealor said, "We believe it is productive to reward faithful and loyal shareholders with additional shares of the company at this time."
Video River Networks (OTC:NIHK), has also authorized the redistribution of the dividends it would receive from DRNG directly to its stockholders. The company will redistribute shares received from DRNG to its shareholders at a ratio of 1 share of DRNG for each share of NIHK held.
Its CEO added, "Our new structure will provide Drone Guarder with the financial flexibility to make opportunistic acquisitions and share repurchases, while we organically grow our drone and AI businesses through acquisitions that meet target return thresholds."
Both companies' dividends are payable on or after September 30th, 2021 , to shareholders of record at the close of business on August 31, 2021 .
TORRANCE, Calif. , Aug. 11, 2021 /PRNewswire/ -- Drone Guarder, Inc. (OTC: DRNG) has announced a special one-time dividend of 439,097,990 shares of its stock payable to both common and preferred stockholders. Stockholders of common stock will receive 1 additional share of DRNG for every 10 shares owned. Common stockholders would receive a total of 261,175,554 shares, and Preferred stockholders would receive a total of 177,922,436 shares.
With this special dividend, Drone Guarder is rewarding its common and preferred shareholders for their diligence as the company pursued a restructuring program designed to unburden itself from the decisions of its previous management. Drone Guarder was recently acquired by Video River Networks and is in the process of becoming current with OTC Market regulations. The company's new CEO Frank Igwealor said, "We believe it is productive to reward faithful and loyal shareholders with additional shares of the company at this time."
Video River Networks (OTC:NIHK), has also authorized the redistribution of the dividends it would receive from DRNG directly to its stockholders. The company will redistribute shares received from DRNG to its shareholders at a ratio of 1 share of DRNG for each share of NIHK held.
Its CEO added, "Our new structure will provide Drone Guarder with the financial flexibility to make opportunistic acquisitions and share repurchases, while we organically grow our drone and AI businesses through acquisitions that meet target return thresholds."
Both companies' dividends are payable on or after September 30th, 2021 , to shareholders of record at the close of business on August 31, 2021 .
DRONE GUARDER, INC. (DRNG) Stock Research Links
The majority of my post are the top 20% gainer! To decode them its (ticker ID, % Changed, Volume, Close price and Float) I typically put V,C&F as a prefix to that number and use K, M and B as a suffix (Kilo, Million & Billion) for volume and float. I may also use S for Support and R for Resistance.
I (Znewcar1) do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
I (Znewcar1) do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
