Investors in the solar utility and finance company Green Stream Holdings Inc (OTCMKTS:GSFI) have had a pretty tough time over the course of the past week as the stock tanked by as much as 24% during the period.
While the decline in the stock price may be alarming it might be a good idea for investors to consider taking a look at some of the recent developments in order to have a better idea about Green Steam. Not too long ago the board of directors at the company gave its approval for a special stock dividend.
The announcement had been made on October 4 but it seems that the investors did not quite welcome the news considering the price action in the Green Stream stock. As per the terms of the special dividend, investors are going to be awarded with one share of the restricted common stock in Green Stream for each of block of 100 common shares that they own.
The company also cleared the air with regards to some of the questions that had been put by shareholders at the time of the announcement. At this point, it might be a good idea for investors to keep an eye on the Green Stream stock.
