ADVC - A Penny Stock You Buy And Hold

ADVC has fallen to levels worthy of an alert from the Guru.  This recent drop can be attributed to the ADVC press release noting the 12/15 cut off date for the $.01 dividend payment.  Let us not forget there are two more $.01 payments coming.  At $.20 these payment equate to a 10% return on an investment at these levels.   Buying down here is a no brainer.  Consider the fact that this company has a history of handing its earnings back to investors in the form of cash dividends.  Also consider that this company has weathered the worst recession of our time and is growing at a nice clip.

 How many stocks out there reward investors with a cash dividend that aren't trading on the NYSE?  This stock is a gem and deserves a much higher share price.  Once investors find out about this  stock it will be trading much higher than it is today.

 ADVC is a Penny Stock Guru Buy and Hold.

Advant-e Corporation Announces Record Date and Payment Date for Special Cash Dividend

--First of the three separate cash dividend payments of $.01 per share will be paid on December 28, 2009 to shareholders of record as of December 15, 2009
DAYTON, Ohio, Dec 07, 2009 /PRNewswire-FirstCall via COMTEX/ -- Advant-e Corporation (OTC Bulletin Board: ADVC), a provider of Internet-based Electronic Data Interchange and electronic document management software and services today announced the payment date and record date of the first of three installments of its previously declared cash dividend. On October 30, 2009, the Company announced a cash dividend in the form of three separate payments of $.01 per share by no later than December 31, 2009, June 30, 2010, and December 31, 2010. The first cash dividend payment of $.01 per share will be paid on December 28, 2009 to shareholders of record as of December 15, 2009.
The company will announce the payment dates and record dates for each of the second installment ($.01 per share) and third installment ($.01 per share) of the dividend at appropriate future dates.
Jason K. Wadzinski, Chairman, Chief Executive Officer, and President, remarked, "As stated earlier, this cash dividend is intended to reward our shareholders and to allow them to likely take advantage of favorable Federal income tax treatment for dividends that is scheduled to expire at the end of 2010. Our current cash balance and historically strong cash flow afford us the opportunity to pay this dividend while retaining the resources necessary to continue with our growth initiatives."
About Advant-e Corporation
Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.
Additional information about Advant-e Corporation can be found at www.Advant-e.com, www.EdictSystems.com, and www.MerkurGroup.com, or by contacting investor relations at (937) 429-4288. The company's email is advant-e@edictsystems.com.
The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. Although the company believes that the expectations reflected on its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.
SOURCE Advant-e Corporation