Form 8-K for FUTUREWORLD CORP.
13-Apr-2015
Other Events
Since the actual dividend spin-off shares needs to be registered with SEC to become free trading, and since the process may take some time, we have decided to issue the (restricted) dividend shares and have them deposited into the shareholders account until such time the Company gets clearance from SEC and FINRA. And at such time, the (restricted) shares in the shareholders account will become free trading hence tradable. Company is in the initial stages of the preparation of the S1 to be filed with SEC.
Although we use the “record date” to determine the shareholder’s rights for dividend, if shareholders sell their shares prior to the actual “distribution date”, they will not be eligible for the dividend. Shareholders must hold their FutureWorld shares till the “distribution date” to qualify for the dividend of FutureLand Corp.
Please find below the associated terms in relations to the Spin-Off;
� Record Date – The date established by an issuer of a security for the purpose of determining the holders who are entitled to receive a dividend or distribution (if you sell your shares after the Record Date and before the distribution Date, you will lose your eligibility to receive your dividend)
� Dividend Rate – The total expected dividend payments from an investment
(Spin-Off)
� Distribution Date – The date the dividend is paid out (after the completion of the Spin-off)
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