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Showing posts with label Shareholders. Show all posts
Showing posts with label Shareholders. Show all posts

Monday, July 7, 2014

KA-CHING! STUDIO 777 (FUN) DELIVERS A 76% DIVIDEND INCREASE AND REACHES NEW EARNINGS HEIGHTS


STUDIO 777™ (CAPEX: FUN), Capital Exchange's largest IPO ever, sold out and joined the #1 Stock Market Simulation Game in Second Life®. The Company announced that higher sales and margins generated strong earnings growth and raised Shareholder dividends. 

NEW YORK, NY and Second Life – July 7, 2014 -- STUDIO 777 (CAPEX: FUN) today reported results for the month ended June 30, 2014. Since the Company's IPO application projections, FUN revenue surged over 50% from L$10,000,000 to L$15,148,396, and dividends increased 76% to L$353,192. This does not include the IPO proceeds of L$5,760,600; these funds have been allocated as restricted. Management reports that due to IPO marketing and press coverage, there was an unprecedented increase of new players including new Second Life residents coming from all over the grid. Our Board of Directors has directed these profits be disbursed to Shareholders immediately because of the Company's dividend policy (see footnote 6 below). Management expects increased revenue and profit going forward.

Wednesday, July 2, 2014

STUDIO 777 (FUN) Announces Shareholder Dividends and Financial Results July 7th

STUDIO 777 (FUN) Announces Shareholder Dividends
and Financial Results July 7th

NEW YORK, NY and Second Life – July 2, 2014 - STUDIO 777 (CAPEX: FUN) today announced that its Board of Directors accelerated and approved the initiation of monthly Linden dividends to its Shareholders on Capital Exchange. The first monthly dividend will be paid on July 7, 2014 to all Shareholders of record, and it is intended dividends will be paid on the 7th of the month thereafter. Financial results, including dividend amounts, will be released synchronously on dividend days of record.



Also check the story out at: http://www.prurgent.com/2014-07-02/pressrelease351842.htm

 
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