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Medisafe 1 Technologies Announces 1-5 Stock Dividend
Date:9/1/2010

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Medisafe 1 Technologies Announces 1-5 Stock Dividend

 

JERUSALEM, September 1, 2010 /PRNewswire-FirstCall/ -- Medisafe 1 Technologies Corp. (OTC: MFTH), a developer of patented technologies that physically prevent unauthorized administration of prescription medications, announced today that the company will be issuing and completing a stock dividend on its common shares of 1-5.

The Company anticipates the stock dividend will be payable on or about September 20 2010 to the shareholders of record on September 17 2010 and is subject to FINRA approval. When the stock dividend becomes effective, shareholders of each one restricted stock will receive an additional 4 shares of restricted stock and each shareholder of one unrestricted stock will receive an additional 4 shares of unrestricted stock. Medisafe 1 Technologies currently has 10,000,000 shares outstanding. The issuance of the dividend will increase the total sh
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