PURA Issues Shareholder Dividend Distribution Update
August 04 2020 - 12:25PM
InvestorsHub NewsWire
Dallas, TX -- August 4, 2020 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) today announced the company plans to release details this
Friday, August 7, 2020, on the planned dividend distribution to
PURA shareholders resulting from the recent sale of PURA’s cannabis
cultivation operation to PAO Group, Inc. (USOTC:
PAOG).
The cannabis cultivation operation was
sold last week in exchange for PAOG common stock. The stock
is slated to be distributed to PURA shareholders in a dividend
distribution. The planned distribution ratio is 1 for
1. Accordingly, PURA shareholders will receive one share of
PAOG stock in exchange for every PURA share
held.
For more
information on Puration, visit https://www.purationinc.com
Disclaimer/Safe
Harbor:
This news
release contains forward-looking statements within the meaning of
the Securities Litigation Reform Act. The statements reflect the
Company's current views with respect to future events that involve
risks and uncertainties. Among others, these risks include the
expectation that any of the companies mentioned herein will achieve
significant sales, the failure to meet schedule or performance
requirements of the companies' contracts, the companies' liquidity
position, the companies' ability to obtain new contracts, the
emergence of competitors with greater financial resources and the
impact of competitive pricing. In the light of these uncertainties,
the forward-looking events referred to in this release might not
occur. These statements have not been evaluated by the Food and
Drug Administration. These products are not intended to diagnose,
treat, cure, or prevent any disease.
Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800)
861-1350
Puration (CE) (USOTC:PURA)
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