MerchantOnline.com 2-for-1 Stock Split Effective May 8
Business Editors
MIAMI--(BUSINESS WIRE)--May 2, 2000--MerchantOnline.com
(OTCBB:MRTO), (Frankfurt:WKZ928256) and (Berlin:WKZ928256), a leader
in providing secure credit and debit card processing for Internet
"e-tailers," today announced that the record date for its previously
announced 2-for-1 stock split has been moved to My 5, 2000.
Distribution of the new shares will occur on May 5, and trading on
May 8 will reflect the stock split. MRTO shares purchased between
May 1 and May 5 also will be eligible.
Founded in December 1997, MerchantOnline.com provides a secure
transaction network that enables businesses and consumers to use one
payment system for both their real world and virtual world needs
utilizing credit card, ATM/debit card and other payment programs.
Except for historical matters, the matters in this press release
are forward-looking statements and are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. The forward-looking statements reflect assumptions and involve
risks and uncertainties, which might affect the company's business and
prospects and cause actual results to differ materially from these
forward-looking statements.
For more information, visit www.MerchantOnline.com.
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CONTACT: Fitzgerald Productions, Inc., Coral Springs, Fla.
News Media Contacts:
Elaine Fitzgerald or John Massey, 954/345-9899
or
Investor Relations:
Kevin Spencer, 888/369-9976 |
