FutureWorld (FWDG) Distributes Dividend on FutureLand Corp.
FWDG Announces Dividend Distribution Date on FutureLand – Increases Dividend Rate by 30% – New Record Date of June 12
FutureWorld Corp. (FWDG), a cannabis technology acceleratorand a leading provider of advanced technologies and solutions tothe global cannabis industry, announced today that it has completedits process with FINRA on the dividend of FutureLand Corp (FUTL).The process allowed us a new “record date” which would be closeenough to the “distribution date” to quell any confusion on thepart of the investors. Furthermore, FutureWorld will increase theFutureLand dividend rate from 300 shares of FWDG for 1 share ofFutureLand to 250 shares of FutureWorld for 1 share of FutureLand.The increase in the dividend rate will more than compensate for theloss of Infrax dividend.
Following is the new information on the dividend;
Dividend Rate – 250 shares of FutureWorld (FWDG) for 1 share ofFutureLand (FUTL)
Record Date – June 12, 2015
Distribution Date – June 15, 2015
Based on the FutureLand’s (FUTL) current closing price of $20per share, for every share of FWDG, you will receive $0.08 non-cashdividend in FutureLand stock ($20 stock price is not a fix numberand it may change before or after the distribution of the dividend.FWDG will not guarantee share price of FUTL at any point intime).
Dividend shares are restricted. Shares will be deposited intothe shareholders account until such time the Company gets clearancefrom SEC. When cleared, the (restricted) shares in the shareholdersaccount will become free trading hence tradable. Company is in thelater stages of the preparation of the S1 to be filed withSEC.
The announced dividend is an initial tranche. We may issueanother dividend in the near future on FutureLand Corp.
Although we use the “record date” to determine the shareholder’srights for dividend, if shareholders sell their shares prior to theactual “distribution date”, they will not be eligible for thedividend. Shareholders must hold their FutureWorld shares till the”distribution date” or June 15 to qualify for the dividend ofFutureLand Corp.
Please find below the associated terms in relations to theSpinoff;
-Record Date – The date established by an issuer of a securityfor the purpose of determining the holders who are entitled toreceive a dividend or distribution (if you sell your shares afterthe Record Date and before the distribution Date, you will loseyour eligibility to receive your dividend)
-Dividend Rate – The total expected dividend payments from aninvestment (Spinoff)
-Distribution Date – The date the dividend is paid out (afterthe completion of the Spinoff)
FutureLand Corp. is one of many of FutureWorld subsidiariesplanned spinoffs. FutureWorld has hastened its execution of itsbusiness plan to incubate and fund five (5) subsidiaries so farwith award winning products. We plan on executing our businessmodel in the next few weeks and months by our planned exitstrategies (sale) for our subsidiaries, including URVape and CBScientific.
About FutureLand Corp.
FutureLand (OTC:FUTL), a Colorado company, is a cannabis andhemp land leasing company formed to capitalize upon the emergingglobal cannabis market. FutureLand, focuses on targetacquisition, zoning, license fulfillment, site plan preparation andfinancing of cannabis or hemp grow facilities throughout the UnitedStates. We give growers the opportunity to grow. Wemonetize through leasing the land, leasing the structures on theland, financing interest revenue and management fees associatedwith cultivation centers. FutureLand retains ownership of allthe land and the structures we build on the land. FutureLandleases to both medical marijuana, retail marijuana as well asindustrial hemp growers. FutureLand does not grow,distribute or sell marijuana.
To request further information about FutureLand, please email usat info@futurelandcorp.com, log onto our website athttps://www.futureworldcorp.com or visit us at our Facebook pagefacebook.com/pages/FutureLand-Corporation/848802538518505 or onTwitter @futurelandcorp
About FutureWorld Corp.
FutureWorld (FWDG), a Delaware corporation, is a leadingprovider of advanced technologies and solutions to the globalcannabis industry. FutureWorld, together with its subsidiaries,focuses on the identification, acquisition, development, andcommercialization of cannabis related products and services, suchas industrial Hemp. FutureWorld, through its subsidiaries, providespersonal and professional THC and CBD test kits, pharmaceuticalgrade CBD oil solutions, SafeVape vaporizers, smart sensortechnology, communication network, surveillance security, dataanalysis for smart cultivation and consultation for the industrialhemp and legal medicinal cannabis. Our wireless agricultural smartsensor networks offer precision to the agriculture, irrigationsystems, and greenhouses for the global cannabis and hemp industry.FutureWorld and its subsidiaries do not grow, distribute or sellmarijuana.
As the only Cannabis Technology Accelerator, FutureWorld willincubate and fund leading technologies, products, and services forCannabis industry (Industrial Hemp) for foreseeable future;bringing value to its core and its shareholders.
To request further information about FutureWorld, please emailus at info@futureworldcorp.com, log onto our website athttps://www.futureworldcorp.com or visit us at our Facebook pagefacebook.com/futureworldenergy or on Twitter@futureworldinc.
Forward-Looking Statements
This press release may contain forward-looking statementscovered within the meaning of the Private Securities LitigationReform Act of 1995. These forward-looking statements relate to,among other things, plans and timing for the introduction orenhancement of our services and products, statements about futuremarket conditions, supply and demand conditions, and otherexpectations, intentions and plans contained in this press releasethat are not historical fact and involve risks and uncertainties.Our expectations regarding future revenues depend upon our abilityto develop and supply products and services that we may not producetoday and that meet defined specifications. When used in this pressrelease, the words “plan,” “expect,” “believe,” and similarexpressions generally identify forward-looking statements. Thesestatements reflect our current expectations. They are subject to anumber of risks and uncertainties, including, but not limited to,changes in technology and changes in pervasive markets. Thisrelease includes forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933 and Section 27E of theSecurities Act of 1934. Statements contained in this release thatare not historical facts may be deemed to be forward-lookingstatements. Investors are cautioned that forward-looking statementsare inherently uncertain. Actual performance and results may differmaterially from that projected or suggested herein due to certainrisks and uncertainties including, without limitation, ability toobtain financing and regulatory and shareholder approval foranticipated actions.
Media Contact FutureWorld Corp. https://www.futureworldcorp.com info@futureworldcorp.com cox@futureworldcorp.com (727) 474-1816 ext. 103 Twitter - @futureworldinc Facebook - futureworldenergy
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com