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Vortex Brands Co VTXB

Vortex Brands, Co. (Vortex) is engaged in bitcoin mining, where bitcoins are created, resulting in new blocks being added to the blockchain and new Bitcoins being issued to the miners. Miners engage in a set of prescribed complex mathematical calculations to add a block to the blockchain and thereby confirm cryptocurrency transactions included in that block’s data. The Company has purchased and maintains ASIC application-specific integrated circuit (ASIC) computers that are specifically designed for cryptocurrency mining. The Company places the bitcoin mining equipment with third party datacenters or farms located in Kentucky and Texas that power and operate the Company’s bitcoin mining equipment for a fee. The Company’s subsidiary includes Blockchain Energy.


OTCPK:VTXB - Post by User

Post by AveragePennyon Jan 12, 2022 10:12am
42 Views
Post# 34307723

Vortex Brands Announces Quarterly Dividend and Dividend Poli

Vortex Brands Announces Quarterly Dividend and Dividend Poli

DENVERJan. 12, 2022 /PRNewswire/ -- Vortex Brands Co. (OTC: VTXB) announces its Dividend Policy and Quarterly Dividend for the Quarter Ending November 30, 2021.  As part of this policy, the Board of Directors approved a quarterly dividend of $3,658 (15% of $23,488).  The record date for the dividend is January 24, 2022.

The Company's Board of Directors approved a Dividend Policy whereby 15% of the Company's profits from its Bitcoin Mining operation shall be paid quarterly to its Common Stock shareholders.  The Company expects the dividends should increase as the Company's bitcoin mining operation grows.

A copy of the Dividend Plan can be found at the following link: https://www.otciq.com/ajax/showFinancialReportById.pdf?id=317271  

https://www.prnewswire.com/news-releases/vortex-brands-announces-quarterly-dividend-and-dividend-policy-301459115.html

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