Alliance Semiconductor Declares Special Cash Dividend.SANTA CLARA Santa Clara, city, Cuba
Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. -- Alliance Semiconductor Corporation (Pink Sheets:ALSC ALSC Association for Library Service to Children
ALSC Adirondack Lakes Survey Corporation
ALSC Afloat Logistics and Sealift Capability
ALSC American Lumber Standards Committee, Inc.
ALSC Advanced Logistics Systems Center (AFMC) ) announced today that its Board of Directors declared a special one-time cash dividend of $0.05 per share, which is payable September 26, 2008 to stockholders of record as of the close of business today, September 19, 2008. Bryant Riley, Alliance's Chairman, said, "This dividend represents our singular SINGULAR, construction. In grammar the singular is used to express only one, not plural. Johnson.
2. In law, the singular frequently includes the plural. focus on returning capital to shareholders as we take steps to begin dissolution Act or process of dissolving; termination; winding up. In this sense it is frequently used in the phrase dissolution of a partnership.
The dissolution of a contract is its Rescission by the parties themselves or by a court that nullifies its binding force and reinstates each . We hope to make additional distributions, although the amount and timing of such additional payments is uncertain given the company's holding of auction rate certificates that will need to be monetized in an orderly manner."