America Asia Announces Stock Split
America Asia Petroleum said that its Board of Directors has approved a 10 for 1 forward stock spilt of the Company's common stock. Each shareholder of record at the close of business on August 25, 2006, will receive 9 additional shares for every outstanding share held on the record date. The shares will be executed on August 28, 2006.
The forward stock split will be issued as free trading shares for stockholders who hold free trading shares, and restricted for those stockholders who hold restricted shares, as of the record date of August 25, 2006. All shareholders that have free trading shares in their brokerage accounts will be credited automatically by the transfer agent and those shareholders of restricted shares will have their stock sent to them directly from the transfer agent.
America Asia Petroleum is an energy company that specializes in extracting crude oil from shale rock using its proprietary patented technology and has offices in USA and China. The company presently operates through joint ventures in China that produces various products and services.
- America Asia Announces Stock Split (Aug 17)
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