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www.MarketGainer.com: Market Gainer Issues Profile for IDS Worldwide Solutions
Oct 10, 2005 (M2 PRESSWIRE via COMTEX) -- MarketGainer.com strives to find dynamic issues that are unknown but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. MarketGainer.com has identified the following company based on these criteria. IDS Worldwide Solutions (OTCPK: IDWS), a company that has over a decade of experience in the design and implementation of custom software solutions both for small companies and large scale global corporations.
IDS Worldwide Solutions is continuing to prosper as the share value is up over 6% on 614 000 shares trading hands in the marketplace. The company's share price made solid leaps forward every day of last week and the same trend is being passed on to the start of this week. The share value is currently positioned at $.24, an increase of 5 cents from the closing price on Friday. The rise in the company's stock is evident today as a result of this morning's press release by IDS Worldwide Solutions announcing that none of IDS Office Towers or Manufacturing Facilities incurred any damage from this past weekend's earthquakes in the Pakistan and India regions.
The earthquake, measuring 7.6, has been deemed as the country's worst natural disaster. The company's operations are not adversley effected in spite of the recent tragedy in the region.
IDS also announced today the Board of Directors is continuing its discussions regarding the issuance of a special dividend payout to the common stockholders of IDS Worldwide, Inc. from the proceeds of the sale of IDS Homeland Security Division. IDS will discuss dividend options with Legal and Tax Counsel today. IDS believes a special dividend to common stockholders is the best way to increase shareholder value. The exact special dividend value has not been calculated but will range from $.37 to $.87 per common share. IDS will announce the completion of the Division sale and dividend plans after its meetings with counsel.
IDS saw its share price rise in substantial fashion last week because of news regarding the two buyout offers for the company's Homeland Security Division. IDS requested both bidders to turn in their final offers by close of business October 7, 2005. The company will accept the higher of the two offers currently on the table. This deal is expected to close in the coming week regardless of which offer is accepted.
Market Gainer will monitor the financial developments pertaining to this global company as it looks to come to a decision on the buyout offer and the special dividend payout to its common stockholders from proceeds of the aforementioned sale of its Homeland Security Division. IDS could receive another wave of investor interest upon the release of more news in the coming weeks.
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how are they going to pay the dividend? If it's a F/S that's not bad, but it also means dilution. If it's cash, that's even better <g>.
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz)
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IDWS UNBELIEVE: TO PROVIDE $1 DIVIDEND: IDS Worldwide, Inc. Announces Closing of HLS Buyout
IDS Worldwide, Inc. in a Letter to Shareholders to Be Released on October 12, 2005 Announcing HLS Buyout and Special Common Stock Dividend
ORLANDO, FL, Oct 11, 2005 (MARKET WIRE via COMTEX) -- IDS Worldwide, Inc. (OTC: IDWS) today announced that it has concluded the negotiations for the buyout of the Company's Homeland Security Division (HLS) in a deal valued at $40,000,000 before certain closing costs..
IDS also announced today the Board of Directors has decided to use 100% of the proceeds from the buyout for a one time special dividend paid to common stockholders of IDS Worldwide, Inc. stock. The letter to the shareholders will explain the payouts and ex-dividend date. The shareholders will be informed of these details in the letter to be released on October 12, 2005. IDS also announced now that the Company has concluded this transaction, IDS will now move to conclude quickly the spin-off of 995ad.com as a majority owned subsidiary to trade under its own stock symbol on the OTCBB.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
SUBJECT CODE: Computers and Software:Internet Computers and Software:Networking Computers and Software:Peripherals Computers and Software:Hardware Computers and Software:Software Government:International Government:Local Government:National Government:Security (law enforcement, homeland etc) Government:State Manufacturing and Production:Forest and Paper Products Manufacturing and Production:Machinery and Tools Manufacturing and Production:Mining and Metals Manufacturing and Production:Packaging and Containers Manufacturing and Production:Textiles
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Ok, I am dying to find out the ex-dividend date. But am I missing something? I can buy a share for .3, get paid a dollar cash and still have the share?
Please tell me what I am missing and why this hasn't jumped yet LOL
-------------------- I just want to make enough money to be eccentric.
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Volume nearing half the float. The price is still not 10% of what the stock is technically worth. Geese how exciting! Would like that dividend!
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LOL Oh yeah, and they are of the IDWS form. But seriously, you made me aware of the misspelling of others I've been using for awhile now; from here on I will use "jeese" not "geese." Thanks.
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Oh man I missed this part of the PR. Now I'm drooling: IDS will now move to conclude quickly the spin-off of 995ad.com as a majority owned subsidiary to trade under its own stock symbol on the OTCBB.
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Man, I knew yesterday that the .24 price was too good to last..course I also didnt expect a $1 dividend either..thought somewhere between .37 and .84 or whatever the old PR said.
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1. Will get dividend of approximately .80 per share.
2. Will keep all shares in IDWS.
3. Will get 85000 additional shares in 995ad spinoff.
Does this sound too good to be true. Yes, and in my opinion that is the reason why this stock is still so undervalued. But this company has been coming through so far. I'll close my eyes a little more "I believe" "I believe" This might be the once in a lifetime opportunity we are all searching for.
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