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:5/27/2016)... ... 27, 2016 , ... An educational campaign aimed at everyone ... courtesy of awareness-driven celebrities and thought leaders. It also provides insight to the ... leaders such as Bioness. , As patients feel increasingly concerned about the ...
(Date:5/27/2016)... Killeen, Texas (PRWEB) , ... May 27, 2016 , ... ... with satisfying Army body fat composition regulations. This is the first time that ... are normally screened at least every six months to ensure they meet the prescribed ...
(Date:5/27/2016)... ... May 27, 2016 , ... Aimed at nurses and employees in the health ... of leaders in the nursing and health care industry. It also provides insight to ... Christian University. , As the nursing industry is coming out of one of ...
(Date:5/27/2016)... ... 27, 2016 , ... With a team of certified experts, ... Aside from its GMP accreditation, Validation Center is also a registered authority of ... and staff. , Validation Center is ISO17025 accredited and only offers its clients ...
(Date:5/26/2016)... ... 26, 2016 , ... There are many ways to cook a hot dog, ... that Americans prefer their dogs straight off the grill. Of the 90 percent of ... way to cook a hot dog, far outpacing other cooking methods such as steaming ...
Breaking Medicine News(10 mins):
(Date:5/25/2016)... Germany and GERMANTOWN, Maryland ... (NASDAQ: QGEN ; Frankfurt Prime Standard: QIA) today ... co-development agreement with Therawis Diagnostics GmbH to develop and commercialize ... develop and market PITX2 as a marker to predict effectiveness ... cancer patients. "We are pleased to partner with ...
(Date:5/25/2016)... , May 25, 2016 ... & Expo earlier this month, the numbers and momentum ... continue to climb into the billions, more research and ... released 4th Edition State of Legal Marijuana Markets Report ... cannabis-focused data-analysis firm, much of the increase in sector ...
(Date:5/25/2016)... , May 25, 2016 ... employing the precision of circulating tumour DNA (ctDNA) ... announces the appointment of Professor Clive Morris ... medical leadership across the clinical development programme, scientific ... products help deliver significant improvements in clinical outcomes ...
Breaking Medicine Technology: