MONMOUTH, Maine, Nov. 24 /PRNewswire-FirstCall/ -- Community Service Communications, Inc. ("Community") (OTC Bulletin Board: CMYS) announced today that the Board of Directors of the Company declared a $0.75 per share distribution payable on December 11, 2008 for its shareholders of record on December 1, 2008.
This distribution is in accordance with the shareholder approved Plan of Complete Liquidation and Dissolution (the "Plan") on June 15, 2004. The Plan requires the management to wind-up its business affairs and distribute from time to time the available liquid proceeds to its shareholders.
Community has approximately 632,452 shares of Common Stock, held by approximately 296 shareholders of record.
About Community
Community is a Maine-based telecommunications company formed in 1898. Following the sale of its main operating company in 2003, today Community has few remaining investments including a 50% interest in a Maine-based paging company.
CONTACT: William Ralph Community Service Communications, Inc. PO Box 30 Monmouth, ME 04259 207-377-9295 Fax 207-377-4444 Email: william.ralph@cmys.us
SOURCE Community Service Communications, Inc.