SOURCE: The Amergence Group

The Amergence Group

December 02, 2010 16:14 ET

The Amergence Group Re-States Its Change for Planned PanPacific Dividend Record Date

PHOENIX, AZ and HONG KONG--(Marketwire - December 2, 2010) - The Amergence Group (PINKSHEETS: AMNG), a company that focuses on the development, nurturing, and rapid expansion of selected emerging or disruptive companies across a wide range of industries and disciplines, reiterated today that it has moved its tentative record date for AMNG shareholders to qualify to receive their planned dividend in PanPacific International from December 1, 2010 to December 31, 2010. 

"Because of new regulations, the actual record date for the planned dividend in PanPacific is now dependent on a review from FINRA," says Peter Jacobs, the company's managing director. "Amergence staff expects to complete the required steps no later than next week and will confirm a firm record date once all paperwork is in place."

In a previous release on November 16, 2010, Amergence announced that the record date was being moved to December 31, 2010 in order to accommodate factors outside of its control. (http://finance.yahoo.com/news/Amergence-Group-Subsidiary-iw-559314173.html?x=0&.v=1)

Amergence is thrilled to be coming closer and closer to a milestone event in its history and the staff continues working diligently to complete its prime mission of getting the company's first dividend in the hands of Amergence shareholders as soon as possible.

ABOUT THE AMERGENCE GROUP

The Amergence Group's (PINKSHEETS: AMNG) provides valuable advice and support to new businesses with its goal of accelerating their intended plans to introduce edgy, disruptive, and/or innovative technologies to the world market. The Company's 8-year-old Tranzbyte division continues to focus on the development and marketing of its innovative group of optical media enhancement technologies worldwide such as FLASHAlbum, a technology which enables distributors of optic disc media (CDs and DVDs) to combine the best features of both on one USB flash drive.

ABOUT PANPACIFIC INTERNATIONAL, INC.

PanPacific International (www.yespanpacific.com) has become The Amergence Group's first "Spin-Out" subsidiary. Headed by Mr. John T. "Jack" Martin, its chief executive, the company is charged with seeking out edgy and/or disruptive businesses in Hong Kong and the surrounding areas and incorporating them within PanPacific International. PanPacific is located at: 1702 Chinachem Tower, 34-37 Connaught Road Central, Hong Kong, Hong Kong S.A.R.

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.

Contact Information

  • Company and Contact:
    Peter H. Jacobs
    Managing Director
    md@amergencegroup.com
    14220 N. Northsight Blvd., Suite 139
    Scottsdale, AZ 85260
    (480) 443-1600

    Company and Contact:
    John T. Martin
    Chief Executive Officer
    PanPacific International, Inc.
    1702 Chinachem Tower,
    34-37 Connaught Road Central
    Hong Kong, Hong Kong S.A.R.
    jtm@yespanpacific.com