Blackbird International Corporation (BBRD), a wave energy technology company, will pay a dividend to the shareholders on record dated December 31, 2015 .
Shmuel Ovadia , Director and inventor of BBRD’s technology stated: “We believe the common shares of BBRD are very valuable and this program will not only strengthen the company’s capital structure, but ultimately increase the value of the shares to our loyal shareholders. This program demonstrates our commitment to building long-term shareholder value and further shows our confidence in our growth potential. Given the strong demand for WERPO’s technology and the expansion of our brand, we see tremendous opportunities ahead.”
Blackbird International Corporation is the sole shareholder of Wave Electricity Renewal Power Ocean Ltd (WERPO), which received the rights for all of SDE Ltd.’s technology, property, know-how, IP (patents, et. al.), contracts and subsidiaries, and is able to promote its sea wave energy solution around the world.
Image: WERPO