MaxWorldwide Declares Distribution
SANTA MONICA, Calif., April 7, 2008 /PRNewswire-FirstCall/ -- MaxWorldwide, Inc. (OTC: MAXW), announced that the Board of Directors declared on April 2, 2008, a distribution of $0.40 per share of common stock outstanding, payable on May 15, 2008 to stockholders of record as of April 15, 2008. The distribution is being made in connection with the Plan of Liquidation and Dissolution previously adopted by the company. SOURCE MaxWorldwide, Inc. Peter Huie, MaxWorldwide, Inc., phuie@maxworldwide.com
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