Great news! We get 1 share of CYSI for every 50 of IDFR. At the current pps of CYSI (0.60) that means our dividend is worth 1.2 cents per share.
Piper
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Tuesday November 27, 11:01 am Eastern Time
Press Release
SOURCE: ID Four Ltd.
ID Four Ltd. Announces Shareholder Dividend
SAN DIEGO--(BUSINESS WIRE)--Nov. 27, 2001--ID Four Ltd. (OTCBB:IDFR - news) today announced that its Board of Directors approved the issuance of dividend shares of Cyberfast Systems Inc. (OTCBB:CYSI - news) to ID Four shareholders of record.
ID Four's President David Cooper announced today shareholders of record at the close of business on Dec. 10th, 2001 will receive a dividend of one share of Cyberfast Sytems Inc. (CYSI) common stock for every 50 common shares of ID Four Ltd. (IDFR).
The additional shares will be distributed on or about Dec. 28th, 2001.
ID Four acquired the controlling interest in Cyberfast Sytems Inc. www.cyberfastsystems.com from the sale of TLCO Software and the IDC Technology licenses earlier this month.
Cooper added this substantial dividend is the first to be paid to ID Four shareholders since the company was founded in 1983 and further hopes this will encourage existing and future shareholders of the forward looking mission of the company.
``Safe Harbor'' statement under the Private Securities Litigation Reform Act Of 1995: This release contains forward-looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of Competitive products and pricing, product demand and market acceptance, new Product development, reliance on key strategic alliances, availability of Raw materials, the regulatory environment, fluctuations in operating results And other risks detailed from time to time in the Company's press releases.
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Contact:
ID Four Ltd Public Relations
Mary Martin, 858/456-3524 |
