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Great West Gold, Inc.: Great West Gold, Inc. payment of 25% stock dividend 2/7/2006
Company confirms payment of its 25% stock dividend
NEW YORK, NY, Feb 07, 2006 (M2 PRESSWIRE via COMTEX) -- Great West Gold, Inc. (OTC BB: GWGO) announced on December 19, 2005 that the Company had authorized a 25% (twenty five percent) Stock Dividend of the Company's common stock for its shareholders of record as of January 31, 2005.
The "Record Date" for this 25% Stock Dividend was January 31, 2006 and the "Pay Date" is today, February 7, 2006.
Shareholders holding their shares in brokerage accounts will have their accounts electronically credited today with this Dividend and all other shareholders who are holding physical share certificates will have their Stock Dividend Share Certificates posted to them today.
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties beyond the Company's control, including but not limited to economic, competitive and other factors affecting the Company's operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving the Company, facts and events not known at the time of this release, and other factors discussed in the Company's filings with the Securities and Exchange Commission.
These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements.
CONTACT: Great West Gold Inc e-mail: investor*greatwestgold.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
(C)1994-2006 M2 COMMUNICATIONS LTD
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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Did you get your dividend shares? I checked my ameritrade account and I didn't get mine. I will wait until the close tomorrow and see what happens. I know it sometimes takes them a day or two to complete this.
Posts: 806 | From: CT | Registered: Dec 2005
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I and another guy or two posted the news about these dividends several times over the past couple of months with very little interest in the thread.
I have not received mine yet. We're also supposed to get some spin-off shares when they get all the UK companies up.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money. Posts: 1032 | From: DFW | Registered: Oct 2005
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I believe the spin off companies will happen next week on the 15th. We should have received the 25% share yesteerday. I've received past dividend shares before and thats why I questioning this one.
Posts: 806 | From: CT | Registered: Dec 2005
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viper, my Scottrade acct. shows that the 25% divi takes place today for some reason. So, I will be looking for it sometime today or the first thing in the morning. I'm fairly new to penny trading and this was one of my first buys. I am into this for about 6M shares. I'm looking forward to seeing how the spin-off shares in the UK companies work out. If it goes as advertised, It could be really nice for alot of people.
Posts: 147 | From: Houston | Registered: Dec 2005
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It seems to be selling off today. I'm wondering if it's a good idea to buy more here at .0003. Anybody accumulating more down here?
Posts: 344 | From: Berkeley, CA | Registered: Sep 2005
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I just got mine. Now hopefully we will make money on the 5 ADR companies. We need GOLD prices to skyrocket.
Posts: 806 | From: CT | Registered: Dec 2005
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I feel like a step-child, I still don't have my divi. Just waiting, like casviper, for the ADR companies and high gold prices to make me some money.
Posts: 147 | From: Houston | Registered: Dec 2005
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I have 950,000 shares. If only it would go to a penny or even a dime. I would be very happy.
Posts: 806 | From: CT | Registered: Dec 2005
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What is going on with this stock today? It keeps going from .0004 to 0 and back. Is this just fat finger errors or something else?
Posts: 147 | From: Houston | Registered: Dec 2005
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yeah must be, it's currently back * 0.0004 volume = 20 million; todays low was 0.0003
Posts: 610 | From: Victoria | Registered: Dec 2004
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I got my dividend. Nice! And I'm trying to buy more. I think there might be some positive developments around the corner for GWGO.
Posts: 344 | From: Berkeley, CA | Registered: Sep 2005
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yeah i got my 25% too.... i'm in the process of buying another 2.8 million shares *.0003 910,000 have filled so far. I've made money with this one on several occasions before. Always hold half and play with the other half... this ones jumpy and i've made many trades such as .0004 buy and .0006 sell ... a quick 50%.
Posts: 610 | From: Victoria | Registered: Dec 2004
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I tried to get more at .0003 today and it wouldn't fill. I think we're due for a bounce.
Posts: 344 | From: Berkeley, CA | Registered: Sep 2005
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my 2.8 million filled * .0003 no prob's! I wouldn't mind a little bounce... it had a pretty good one last year around March if i correctly recall! I believe it hit .004! Anyways... sooner or later 4-6 weeks i'd say!
Posts: 610 | From: Victoria | Registered: Dec 2004
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