posted
this has been moving quite strong last few days. They are releasing a dividend ex date is june 2nd.
here is old Pr: International Sports and Media Group Announces Stock Dividend Through Spin-Off of Pan American Relations
International Sports and Media Group (OTCBB:ISME), a diversified Sports and News Marketing and Communications firm, announced today it will spin-off Pan American Relations (PAR), a privately owned subsidiary of ISME. The spin-off of Pan American Relations will create a stock dividend granted to any investors who own common stock of ISME prior to the Ex-date of June 2nd, 2005. Pan American Relations is a financial investor relations and corporate advisory firm that provides emerging and established companies with useful guidance within the financial marketplace. Pan American Relations generates revenue through service contracts with both private and public companies.
PAR develops comprehensive investor relations and corporate identity programs to assist and enhance companies with their corporate image needs. The aim of these programs is to assist in Finance, PR, and Marketing -- to increase market awareness and to broaden its existing investor base.
The infrastructure of PAR in North America and Latin America allows PAR to maximize a companies global potential.
Yan Skwara, President of ISME said: "We feel that now is a perfect time to spin off PAR and allow it to branch off and expand and grow on its own as it has been profitable in the past. We feel PAR has excellent growth potential with today's environment of corporate communications demands. PAR will continue to bring the same professional level of public relations to all its clients and we are all very excited about the prospects of PAR for the future. We also feel this stock dividend into PAR is an exciting reward for some of our long term ISME shareholders who have stuck with us over the long haul and at the same time it can be an exciting new opportunity for new investors alike."
Any common stock of ISME purchased before the Ex-date June 2, 2005 will grant the investor the ability to receive 1 share of PAR common stock for very "100" shares of ISME common shares they own by said date. Additional information will be made available accordingly.
posted
bid .0101 ask .115 was .11 when i left this am, they had news today also, just re-iterating their spinoff shares. a little volume trickling in.
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ISME -- International Sports and Media Group, Inc. Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
International Sports and Media Group Announces Stock Dividend Payable Date for Spin-off of Pan American Relations
International Sports and Media Group (OTCBB:ISME), a diversified Sports and News Marketing and Communications firm, announced today a payable date of June 30, 2005 for its stock dividend in the spin-off of Pan American Relations (PAR), a privately owned subsidiary of ISME. The spin-off of Pan American Relations will create a stock dividend granted to any investors who own common stock of ISME prior to the Ex-date of June 2nd, 2005. Pan American Relations is a financial investor relations and corporate advisory firm that provides emerging and established companies with useful guidance within the financial marketplace. Pan American Relations generates revenue through service contracts with both private and public companies.
PAR develops comprehensive investor relations and corporate identity programs to assist and enhance companies with their corporate image needs. The aim of these programs is to assist in Finance, PR, and Marketing -- to increase market awareness and to broaden its existing investor base.
The infrastructure of PAR in North America and Latin America allows PAR to maximize a company's global potential.
Yan Skwara, President of International Sport and Media Group, stated, "As we announced earlier this month, we are spinning off Pan American Relations to create multiple opportunities for the future for our shareholders. After discussions with our transfer agent, we are happy to announce a payable date on our stock dividend into PAR will be set on June 30, 2005. Shareholders and investors alike will have an opportunity to participate in the newly created dividend as long as one is a shareholder of record by the Ex Date of June 2, 2005."
Any common stock of ISME purchased before the Ex-date June 2, 2005 will grant the investor the ability to receive 1 share of PAR common stock for every "100" shares of ISME common shares they own by said date. Additional information will be made available accordingly.
About International Sports and Media Group, Inc.:
International Sports and Media Group is a sports and news marketing communications firm focused on increasing brand awareness using its expertise in the sports and media sectors, with services including marketing, product development, branding, corporate communications, public relations, hospitality, sponsorship and the new Premium Text Messaging Sport and Media marketing programs from Smart SMS. For more information on the Company, please visit www.ismg.info or www.ussocceruk.com.
International Sports and Media Group, Inc. (OTCBB:ISME) is a fully reporting issuer.
About Pan American Relations
Pan American Relations is a financial investor relations and corporate advisory firm that provides emerging and established companies with useful guidance within the financial marketplace. PAR assists both publicly traded and private companies to reach their ultimate goals of increased market awareness.
Forward-Looking Statements:
Certain statements in this news release may contain "forward-looking" information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.
SOURCE: International Sports and Media Group, Inc.
CONTACT: International Sports and Media Group Gordon Lee, 310-445-2599 or 858-488-7775 lee@americanidc.com or Pan American Relations Yan Skwara, 858-488-7775, x204 yskwara@aol.com
Copyright Business Wire 2005
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KEYWORD: United States North America California INDUSTRY KEYWORD: Other Sports Professional Services Consulting Finance Other Professional Services Communications Advertising Marketing Public Relations/Investor Relations Sports SUBJECT CODE: Dividend
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why do they have to word it like this - ability to receive 1 share of PAR common stock for every "100" shares of ISME common shares? why quotes around the "100"? basically a 1 - 100 reverse split (a reverse merger into a private company). can be a good thing for the private company since it looks like an IPO.
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for every 100 shares you receive one share of this spinoff corp. Its not a RS, ISM will still be where its at, it doesnt have a bad OS, under 200 mill for a penny, not to shabby, lots of recent work, no money to show for it so far.
I don't know much about the private company, looks like a bonus to me, this has been moving up on low volume (yesterday was the exception) I think its started its uptrend after the S-8 dillution in march.
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if you read the first post by keithsan. you will see a typo with very "100" shares. it was corrected with 6/1 pr... every "100" shares.
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quote:Originally posted by keithsan: for every 100 shares you receive one share of this spinoff corp. Its not a RS, ISM will still be where its at, it doesnt have a bad OS, under 200 mill for a penny, not to shabby, lots of recent work, no money to show for it so far.
I don't know much about the private company, looks like a bonus to me, this has been moving up on low volume (yesterday was the exception) I think its started its uptrend after the S-8 dillution in march.
posted
So i guess im gonna have to hold this until 6/30 if i want to get these dividened shares hummm...I wonder what kind of big news could be comming up.
-------------------- Dead Kennedys-"Give me convenience or give me death"
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no - you just need to be record shareholder by the end of market closed today. i would imagine you can sell tomorrow and still get your dividend shares 6/30.
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quote:Originally posted by cruz: no - you just need to be record shareholder by the end of market closed today. i would imagine you can sell tomorrow and still get your dividend shares 6/30.
check with your broker, you may need to own on monday, these get tricky, so double check.
If you own now, you get the split, hopefull its worth something expecting another good day tomorrow, chart is great.
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