TORONTO, June 15 /PRNewswire-FirstCall/ - New Wave Media Inc (OTC: NWWV.PK - News) and Playstar Corporation (OTC: PLYCF.PK - News) would like to update shareholders of both companies on the dividend to its shareholders and a new corporate development.
The dividend record date will be moved to the close on June 22nd 2007 and still be payable on or about July 12th 2007. A further release with the Ex dividend date will be forthcoming shortly.
New Wave Media has been presented along with Wagerphone a major licensing opportunity that our legal team and 2 advisors are currently analyzing which may affect our dividend payout but NOT our merger between Playstar and New Wave Media as the opportunity involves all products.
New Wave Media currently has 137,000,000 restricted and 117,000,000 free trading shares for a total of 254,000,000 and the transfer agent is transfer Online of Portland Oregon.
This press release contains "forward looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and are subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in New Wave Mobile reports that will be on file with the US Securities and Exchange Commission.
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