Here is news to the reason for the volume: note the new ticker symbol for 12 July 99= IVOCD.
Stock to Trade On Reverse Split Basis Beginning Monday, July 12, 1999
FREEHOLD, N.J.--(BUSINESS WIRE)--July 9, 1999--IVC Industries, Inc. (NASDAQ: IVCO - news) announced today that per NASDAQ regulations, its common stock will trade on a post split basis beginning on Monday, July 12, 1999.
IVC Industries, Inc. is engaged in the manufacturing, packaging and worldwide sales and distribution of vitamins, nutritional supplements and over-the-counter (non-prescription) pharmaceutical products, both tablet and liquid-filled form, through drug stores, supermarkets and mass merchandising chains, as well as health food stores, independent drug stores and the Company-owned retail stores and mail order operation. Its products are distributed under the ''Fields of Nature,'' ''LiquaFil,'' ''Pine Bros.,'' ''Rybutol,'' ''Nature's Wonder,'' ''Synergy Plus'' and ''Vitamin Specialties'' brands, as well as under the private brands (store brands) of its retail chain store customers.
When used in this press release, the words ''believe,'' ''anticipate,'' ''think,'' ''intend,'' ''will,'' ''should'' and similar expressions identify forward-looking statements. In addition, other statements that provide more than historical information may be deemed to constitute forward-looking statements. There are important factors that could cause results to differ materially from those anticipated by these forward-looking statements. These factors include risks and uncertainties such as, among other things, beneficial or adverse trends in the domestic market for vitamins and nutritional supplements, the gain or loss of significant customers for the Company's products, the competitive environment in the vitamin and nutritional supplement industry, and the enactment or promulgation of new government legislation or regulation, as well as other risks and uncertainties that may be detailed from time to time in IVC's reports filed with the Securities and Exchange Commission.
This release and prior releases are available on the KCSA Public Relations Worldwide website at www.kcsa.com.
Contact:
IVC INDUSTRIES, INC.
Domenic N. Golato
Chief Financial Officer
(732) 308-3000
or
KCSA
Robert Giordano/Joseph Mansi/Sarah Shepard
(212) 682-6300, ext. 289/205/236
rgiordano@kcsa.com/jmansi@kcsa.com/sshepard@kcsa.com
www.kcsa.com |
