Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Rounder Inc., Announces a 10% Dividend to be paid to Shareholders

Rounder Inc., Announces a 10% Dividend to be paid to Shareholders

WASHINGTON--(BUSINESS WIRE)-- Rounder Inc. (Pink OTC Market: RNDR) announced today that shareholders of record at the close of business on December 24th, 2012 will receive a 10% stock dividend, paid on December 31st, 2012.

CEO Norman Birmingham along with President Thomas Parilla, are pleased to take this opportunity to thank RNDR shareholders, by providing them with this 10% dividend. Mr. Birmingham was quoted as saying, “We are thankful as a company that we are in a position to be able to show our appreciation to our shareholders. Mr. Parilla and I further agree that it would be in the best interest of our shareholders to provide them with this dividend sooner rather than later. As the uncertainty of the US tax code and the subsequent increase of taxation pertaining to dividend income appears to be inevitable in 2013.“

Additionally: Rounder Inc. has successfully completed all of its requirements relating to the filing of the company’s name and symbol change with FINRA. The company fully expects the name; Fortitude Group Inc. and the new symbol change to be approved. It is anticipated that the change will take effect early into the 1st quarter of 2013. Rounder management continues to remain very active in conducting its business activities, as do all of our JV partners, subsidiaries and wholly owned ventures. Further updates related to these activities are expected to be released soon.

Safe Harbor This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.

Rounder Inc.
Investor Relations
Kent Thomas, 631-824-7661

KEYWORDS:   United States  North America  District of Columbia


Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2146652, ~/Articles/ArticleHandler.aspx, 10/9/2015 1:49:54 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...