SOURCE: IO News Wire

IO News Wire

May 24, 2010 09:20 ET Issues a Trader's Update on LMCO Li-ion Motors Corp.

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - May 24, 2010) - issues a trader's update on Li-ion Motors Corp. (OTCBB: LMCO) as the pay date of May 28th 2010 approaches. As of May 28th anyone in possession of LMCO commons stock, will be issued a 20% restricted stock dividend.

On May 23rd, it was announced that in a meeting held by the Company's Board of Directors April 20, 2010, the directors of Li-ion Motors Corp. approved a 20% restricted stock dividend on the Company's Common Stock, payable to stockholders of record May 28, 2010.

Li-ion Motors Corp. is an electric vehicle manufacture, producing lithium-powered vehicles including electric mopeds, sports vehicles, and electric motorcycles in addition to the electric cars. is an online financial destination where money managers, analysts, and individual investors can converge to discover new and exciting investment news, opportunities, and ideas. is focused on finding emerging growth companies that do not necessarily have widespread analyst coverage on Wall Street.

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