WOODBRIDGE, N.J., June 05, 2017 (GLOBE NEWSWIRE) — EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that it has instructed its paying agent, VStock Transfer, LLC (Paying Agent), to begin the process of distributing the previously announced fourth liquidation dividend of $980,000, or $0.09 per share, to its stockholders of record as of the close of business on July 7, 2015 (the Distribution).
The Distribution is being made in connection with the Companys previously announced voluntary Plan of Dissolution that was approved by EMRISE stockholders at a special meeting held on June 25, 2015 (the Plan). The Distribution brings the aggregate total of liquidation dividends di…
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