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Is their a certain date you must buy at to get the dividend if it happens? I haven't seen anything that would say this is the case but I know this can happen.
-------------------- trashed and scattered again
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Is the current pps (0.12$) a good sign? If so get your shares now (i dont have $$ at the moment, damn). If not i'm gonna be sorry to have these bought at avg 0.22 ...
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Don't forget another previous announcement that they would be distributing shares of 995ad as well. That came out before the .87-101 dividend announcement, just cannot remember all the specifics without going back to older PRs.
-------------------- OUCH? Next time try the head!
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IDS Worldwide Solutions, Inc. Introduces Biometric Identification System With Proprietary 384 Bit Algorithm 01/30/2006 09:28 ORLANDO, FL -- (MARKET WIRE) -- 01/30/06 -- IDS Worldwide Solutions, Inc. (OTC BB: IDWD) (IDS) leverages real-world, hands-on experience with all biometrics -- including fingerprint, face, and digital signature systems -- to successfully design, integrate, and deploy access control, IT security, smart card, transportation, and ID systems solutions. IDS is one of the only biometric security companies to successfully combine multiple biometric identification verification factors in one ID Card. IDS will pay a Special One Time Dividend valued between $.87 and $1.01 to common stockholders of IDS Worldwide, Inc. in the 1st quarter of 2006. IDS will announce the ex-dividend date after the next Board of Directors meeting on February 8,2006.
-------------------- Organizations are perfectly dezined to get the results that they get.
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IDS Worldwide, Inc. Announces Special Dividend and Major Stock Buyback Tuesday January 31, 3:37 pm ET
ORLANDO, FL--(MARKET WIRE)--Jan 31, 2006 -- IDS Worldwide Solutions, Inc. (Other OTC:IDWD.PK - News) announced today that the company, under its previously announced stock buyback program, has repurchased 10 million shares of IDS common stock in a series of open market and private transactions. IDS' stock buyback program has reduced the outstanding common shares of the company by approximately 20 percent. IDS previously announced its guidance for the company's first year as a publicly traded company with revenues of $25 million - $30 million and EPS of $.21 - $.23. IDS Board of Directors has approved a Special Dividend valued between $.87 and $1.01 based on various closing parameters from the sale of a minority position in IDS Homeland Security Division (HLS). Following the completion of the sale, IDS Homeland Security Division will trade separately as an OTCBB stock with IDS still owning the majority of the shares of HLS. ADVERTISEMENT
The 10 million shares of IDS common stock will be retired to the treasury as authorized but not outstanding shares. In the future, IDS may use these shares for a number of current objectives including, but not limited to, acquisitions and a common stock dividend.
IDS' CEO, Patrick Downs, stated, "IDS chose to repurchase these shares due to market conditions that enabled the company to repurchase these shares at extremely undervalued prices. IDS believes that the current stock price did not truly reflect the growth in the company's Homeland Security Division and the exemplary growth of IDS' leading online sales portal, 995ad.com.'' IDS has achieved a 2,600% growth in orders in its Homeland Security Division the latest quarter. IDS' leading Internet portal, 995ad.com, (http://www.995ad.com) has become the second-largest online car site in the world, with over 557,500 cars and 12,900 dealers in its first quarter of operation.
IDS has retained counsel to file a registration statement for its wholly owned subsidiary, 995ad.com. Upon effective registration statement, 995ad.com will trade on the OTCBB as a wholly owned, publicly traded subsidiary of IDS Worldwide Solutions, Inc. (Other OTC:IDWD.PK - News) (http://www.ids-worldwide.com). Common stockholders of IDS Worldwide Solutions, Inc. will receive a pro-rata number of shares of 995ad.com pursuant to each individual investors holdings as of the effective date of the registration statement of 995ad.com.
IDS' CEO, Patrick Downs, further stated, "IDS believes that due to the diverse holdings of the company, it is appropriate to separate the Homeland Security Division and the 995ad.com Portal and Data Centers into two separate public entities. IDS feels this will greatly enhance shareholder value in both stocks and provide a clearer picture to the investment community of IDS diverse operations.''
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.
quote:Originally posted by greenman: .......and still no set date on the dividend. Just beating around the bush, what a crock of....
There was really no reason to expect news today. They have already clearly stated that the date for the special dividend will be announced after the board meeting next Wednesday.
Just as a preemptive measure, I should warn that they have only promised to announce the date after the meeting. Not necessarily immediately after, so no need to freak out until maybe the 10th.
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DS Updates Dividend Payment and Ex-Dividend Date
ORLANDO, FL -- (MARKET WIRE) -- 02/01/06 -- IDS Worldwide, Inc. (OTC: IDWD) today announced that IDS has determined the final valuation of the Special Dividend related to the sale of a minority interest in IDS Homeland Security Division (HLS) will be valued at $1.10. The exponential growth of the HLS Division and new technology being released this quarter for HLS Biometric Encryption technology has led to this increased valuation.
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