Navigation Links
MaxLife Fund Corp. declares dividends to shareholders of Preferred Shares.
Date:6/16/2008

NEW JERSEY, June 16 /PRNewswire-FirstCall/ - MaxLife Fund Corp. (OTC:MXFD), is pleased to announce that they have declared the first quarterly dividend to shareholders of its outstanding preferred shares. The dividend declared is for $0.0625 per preferred share and is cumulative and paid quarterly. Each preferred share was sold at $25 per share and was purchased via the unit offering from MaxLife Fund Corp.

The dividend is payable August 31, 2008, to preferred shareholders of record on August 6, 2008. The ex-dividend date will be August 4, 2008.

"We have prepared a unit offering that enables investors and shareholders to participate in the fast growth industry of life settlements. The dividend yields 10% per annum and gives investors the attractive yield they desire. We believe this funding will strengthen the equity base and enables MaxLife to execute on its business plan," stated Mr. Bennett Kurtz, President and CEO of MaxLife Fund Corp.

About MaxLife Fund Corp.: MaxLife Fund Corp. is concentrating on 3 major components of the fast growing Life Settlement sector; (1) to invest in policies for our own inventory, (2) to trade policies in the open market and (3) to build a large portfolio by demand for institutional buyers. MaxLife Fund Corp. is positioning itself to grow with the industry and expand its operation to become one of the leaders in the Life Settlement sector.

Cautionary Statement Pursuant to Safe Harbor Provisions of the Private

Securities Litigation Reform Act of 1995:

This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this news release.


'/>"/>
SOURCE MaxLife Fund Corp.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. MaxLife Fund Corp. Appoints Mr. Dan Schmitt, Mr. Randy Delkus and Mr. Daniel E. Kahan to its Board of Directors
2. MaxLife Fund Corp. and Capital Growth Planning Inc., sign a joint venture agreement
3. MaxLife Fund Corp. retains the Law firm, Anslow & Jaclin, LLP of Manalapan, N.J., to review MaxLife Fund Corp. options to be listed on the NASDAQ Capital Market
4. MaxLife Fund Corp. appoints Daniel E. Kahan, to its Advisory Board
5. MaxLife Fund Corp. purchases a portfolio of Life Settlement Policies with a face value of $4,000,000
6. HMS Holdings Corp. to Present at Jefferies 2nd Annual Healthcare Conference
7. HMS Holdings Corp. to Present at Stephens 2008 Spring Investment Conference
8. InstaCare Corp. in Turnaround Reports 258% Revenues Increase in 1Q 2008
9. Mindray to Hold Conference Call to Discuss the Integration Plan and Closing of the Acquisition of Datascope Corp.s Patient Monitoring Business
10. Sharps Compliance Corp. Announces Results for Third Quarter of Fiscal Year 2008
11. STEN Corp. Reports 2008 Second-Quarter Revenue of $4.3 Million and Improved Results From Operations
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/17/2017)... ... January 17, 2017 , ... Healthful Balance announces ... company, owned and operated by Ed Stroup, was created to offer the highest ... highest level of customer service. Healthful Balance products can be purchased online through ...
(Date:1/17/2017)... , ... January 17, 2017 , ... ... well as Palm Desert, is opening a new office in San Clemente, California ... magnetic stimulation (dTMS) in Southern California, successfully treating individuals struggling with major depression. ...
(Date:1/17/2017)... , ... January 17, 2017 , ... A prescription medication ... of the fourth Cradle to Cradle Product Design Challenge , the Cradle ... a series of six circular design challenges scheduled to run through early 2018. The ...
(Date:1/17/2017)... ... January 17, 2017 , ... Livionex, Inc., a Silicon Valley healthcare company ... clinical study for its dental gel that shows significant reduction in plaque levels and ... triclosan. The study was conducted at the Beckman Laser Institute at UC Irvine and ...
(Date:1/17/2017)... , ... January 17, 2017 , ... Many people make New Year’s resolutions or renew ... Mondavi is making it easier for people who want to kick off 2017 with ... and existing patients. , These special offers include: , , ...
Breaking Medicine News(10 mins):
(Date:1/17/2017)... , Jan. 17, 2017 Secretary of Health ... Programs Secretary Gary Tennis are warning Pennsylvanians ... two recent overdose deaths from the drug in ... is intended to sedate large animals and is not ... who comes into contact with it," Secretary Murphy said. ...
(Date:1/17/2017)... , Jan. 17, 2017 The interventional radiology ... by 2021 from USD 6.35 billion in 2016, at ... the growth of this market are rising incidence of ... minimally invasive surgeries. The global interventional radiology ... and region. On the basis of type, the stents ...
(Date:1/17/2017)... 17, 2017  Pennsylvania Secretary of Health Dr. ... medical marijuana growers/processors and dispensaries are now available ... . Permit applications will be accepted from February ... is an important step forward in getting this ... Secretary Murphy said. "We,ve developed a thorough application ...
Breaking Medicine Technology: