Showing posts with label THWI. Show all posts
Showing posts with label THWI. Show all posts
Tuesday, March 29, 2011
Sharing Video Content Made Easier
Wednesday, February 2, 2011
Thwapr (OTC:TWHI) Receives Approval for Stock Split
The record date for the split is February 4, 2011 and the Ex-Dividend Date is February 7, 2010. The stock split will be effected in the form of a stock dividend which will be paid in newly issued common stock delivered to shareholders without any further action on their part. Shares held as part of the DTC System will be automatically adjusted on the same basis. Each shareholder will receive two additional shares for each share that they currently own.
Founded in 2007, Thwapr is a mobile video sharing service that allows brands to mobilize and monetize content, extending its distribution reach while delivering the highest possible quality and user experience regardless of device, network or carrier. Founded by digital video pioneers from Apple, Avid and MTV, Thwapr's patent-pending "Share to Phone" technology is revolutionizing mobile video, while also revitalizing traditional media by incorporating branded mobile video into print, broadcast, billboards and radio.
A cloud-based solution that does not require a download or app, Thwapr is making mobile video sharing easy, fast and fun for the hundreds of millions of consumers with Web-enabled mobile devices.
For more information visit: www.thwapr.com
Tuesday, January 25, 2011
Thwapr (OTC:THWI) Announces Stock Split
The stock split will be effected in the form of a stock dividend which will be paid in newly issued common stock to stockholders subject to approval of the stock split by FINRA. As of January 24, the Company had 17,345,265 shares of common stock outstanding. After the stock split, the Company will have approximately 52,035,795 shares of common stock outstanding.
Commenting on the split, Bruce Goldstein, Thwapr's CEO, stated, "After several discussions with advisers and various institutional investors, the board elected to enact a 3 for 1 forward stock split of its common shares. The board determined this decision to be in the best interest of the Company and its shareholders as it will decidedly expand the number of shares in the marketplace and serve as an intent for ongoing discussions with institutional investors. The existing shareholders have earned this reward through their continued investment support of the Company this past year. We are excited to enter 2011 with many promising developments and look forward to providing continual announcements as these developments come to fruition."
Founded in 2007, Thwapr is a mobile video sharing service that allows brands to mobilize and monetize content, extending its distribution reach while delivering the highest possible quality and user experience regardless of device, network or carrier.
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