Green Energy Resources (PKS.GRGR) has announced a 10% stock dividend for 2009. The issue date and cutoff dates have not yet been finalized but will be set for December. This will be the first dividend the company has issued since the 10% dividend in 2007. Green Energy has also announced a 10 to 1 reverse stock split. The split is going to create about a 15 million share float and a pre 2009 stock value level of about 10 times current value.
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Green Energy Resources is an environmentally friendly company working to preserve global forests not cut them. The company sources its wood from urban wood waste streams, storm damage, tree farms etc. The company adheres to strict environmental rules of the Urban Tree Certification System ( UTCS ) The company is not and does not solicit investment, all releases reflect current market conditions only And are subject to change without notice.
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