SOURCE: PSPP Holdings, Inc.

September 28, 2007 12:39 ET

PSPP Holdings Announces Change to Dividend Date

LAS VEGAS, NV--(Marketwire - September 28, 2007) - PSPP Holdings, Inc. (OTCBB: PSPJ) announced today that is has changed the Record Date for its dividend from September 28, 2007 to October 12, 2007 in order to accommodate NASDAQ Market Operations.

All Shareholders of record on October 12 will receive the dividend, which will now be distributed on November 9, 2007. Further, Shareholders will not have to surrender their certificates nor fill out any form to receive their dividend.

Shareholders who presently hold paper certificates will receive their dividend certificate from the Transfer Agent, via mail and those who deposited their share with their broker(s), or who have purchased shares in the open market, should see their dividend deposited in to their brokerage account electronically.

The dividend, as announced before, will be a 10% dividend, with no fractional shares. Shareholders, for example, who hold 524 shares, will receive 52 dividend shares while Shareholders who own 525 shares will receive 53 dividend shares.

The Company would also like inform its Shareholders that it has identified and provided to the clearing houses and brokerage firms a list of individuals and their assigns that are considered Affiliates of the Company in order to ensure that these individuals' shares are properly legended and do not further flood the market.

About PSPP Holdings, Inc.

PSPP Holdings, Inc., headquartered in Las Vegas, Nevada, is a financial services company that is establishing an international banking network to facilitate electronic remittance, Mobile Banking, e-benefits, and stored value and pre-paid card solutions.

Safe Harbor Statement:

Under the Private securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements, including all statements regarding paying a stock dividend, and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    PSPP Holdings, Inc.
    800-504-5844