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APO Health, Inc. Declares a Stock Dividend for All Shareholders of Record as of Close of Business May 10, 2006 Friday May 5, 4:45 pm ET
OCEANSIDE, NY--(MARKET WIRE)--May 5, 2006 -- APO Health, Inc. ("APO" or the "Company") (OTC BB:APOA.OB - News) today announces that the board of directors of APO have approved that all shareholders of record on close of business Eastern Daylight Time, May 10, 2006 (the "Record Date") will receive a restricted common stock dividend ("stock dividend") on a prorated basis of between a range, which is subject to change, of 3 for 1 common share owned and 10 for 1 common share owned.
ADVERTISEMENT The final ratio of the stock dividend will be determined shortly and an announcement will be made accordingly. A subsequent notification to the shareholders of the pay date of the stock dividend will be made after the record date.
Jan Stahl, CEO of APO, commented: "We are pleased to be able to provide a stock dividend to our shareholders; this is an exciting time for APO and we feel this stock dividend is a great reward for our current shareholders."
ABOUT APO HEALTH, INC.
APO Health, Inc., a Nevada corporation, through its subsidiary distributes medical, dental and health and beauty aid products to dental and medical professionals and wholesalers throughout the United States.
The Private Securities Litigation Reform Act of 1995 (the "PLSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. APO intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause APO actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in APO annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.
Contact:
For more APO information please contact: Phone: 516-594-0005 x 221
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not to bash guys but isnt apoa part of jphc scam? well, i got burnt big time by buying jphc at 0.0014 and selling it at 0.0004. GLTA and better call and ask them how long you have to hold restricted shares before actually buying the stock if divident is your criterion..
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i agree with daytrader on that...APOA just increased their authorized shares from 125,000,000 to 25,000,000,000 not too long ago...their use of the term "stock dividend" looks like a cover for what they are really doing to the stock, which is dilute the hell out of it...good luck but be careful
check out the filing DEF14-c and look under exhibit A...
-------------------- Eat, Drink, and Be Merry
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This is all my opinion (as a JPHC shareholder)...
1) Calling JPHC a scam is unjustified and simply not true.
2) After JPHC merger shares are converted, seeing APOA use the extra shares as a 'restricted dividend' for APOA shareholders is the first sign of 'fairness' they have shown for their own shareholders. And, it's the best way for APOA to survive this merger.
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Yahoo shows O/S at 43m, Float - 27m I was thinking of jumping in here but I too was burnt by JPHC "dividend", so not sure what I'll do. I believe the PR says shares offered for dividend are restricted. A/S was increased because of the JPHC merger if I remember right. Good luck all
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Double Diamond, define scam or label it, whatever. 'Scam' implies illegal or unethical activity.
Front-running, pump and dump, poop and scoop - I could keep going all day, but none applies to JPHC.
On the other side of the coin, short and distort, circular trades, jitney - I have seen these in action on JPHC by BROKERS/MMs - all year. What does that have to do with the company?
My point is that not all businesses are successful or profitable, and some are just plain stupid ideas to begin with - but it doesn't make them a scam.
Remove all comments/bashes/opinions from the table, keep info and promises from the company, and you will see that JPHC/Hawkins has done exactly what he claimed to do. Where is the scam in that?
Last week, my opinion on APOA was negative. Next week, I'll take another look. Why? Because they put more thought into this merger (and the $$$ forces involved) than I gave them credit for.
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