News Column

PUISSANT INDUSTRIES, INC. FILES (8-K) Disclosing Other Events

August 18, 2014



Item 8.01 Other Event

On August 18, 2014, our Board of Directors approved Articles of Amendment to our Articles of Incorporation, which will affect a two (2) shares for every ten (10) Shares Dividend of our issued and outstanding common stock (the "Share Dividend"). The record date is September 4, 2014 and the ex-dividend date is September 2, 2014. Also, on August 18, 2014, the following affiliate shareholders who are the Consenting Shareholders consented to this action and voted to approve the action with 75.76% of our outstanding shares: (a) Mark Holbrook; (b) Cora Holbrook; (c) Marshall Holbrook; (d) McCrome International, Inc.; (e) Logos Resources, Inc.; (f) Sovereign One, Inc.; (g) Adid Corporation; and (h) Carbon River, Inc.

The Share Dividend is subject to the following:

a) SEC Regulatory Review of a Preliminary Information Statement;

b) Filing a Definitive Information Statement with the SEC that we will mail to

all non-consenting shareholders of record;

c) Filing Articles of Amendment with the State of Florida Corporation's

Department;

d) Our filing of an Issuer Form with FINRA;

e) Our transfer agent filing a transfer agent form with FINRA; and

f) FINRA regulatory approval of the Share Dividend.

On August 18, 2014, we issued a press release regarding the Share Dividend.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release announcing the Share Dividend.

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Source: Edgar Glimpses


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