The most of the changes you find in the reason of the ticker change.
KANAKARIS CHANGES TICKER SYMBOL TO KKRS TO MATCH NAME OF ITS NEW MOVIE, MUSIC AND BOOK WEB CHANNEL; COMPANY SPECIALIZING IN Direct-Over-the-Internet Delivery Prepares For Stock Marketplace Expansion
NEWPORT BEACH, Calif., Jul 27, 1999 /PRNewswire via COMTEX/ -- Kanakaris Communications, Inc. (OTC Bulletin Board: KANA) announced that its U.S. stock ticker symbol is being changed, effective immediately, to KKRS (OTC Bulletin Board: KKRS) to match the name of its new Web Channel which will offer the first ever combination of direct over-the-Internet delivery of movies, books and music.
The Company is launching a fall marketing campaign to build brand awareness for KKRS.Net and believes that the ticker symbol KKRS makes a natural link between the company's web site and its stock market presence.
The symbol change will have no effect on outstanding shares nor willit effect foreign ticker symbols for Kanakaris Communications, Inc. Kanakaris Communications is publicly traded on the OTC Bulletin Board and in Germany.
Further information on Kanakaris: For further information on Kanakaris Communications (www.kanakaris.com), contact Colby Marceau, director of Public/Investor Relations, at 714/444-0560; fax: 714/549-8970; e-mail: info@kanakaris.com; 3303 Harbor Blvd., No. F-3, Costa Mesa, Calif. 92626.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning ofthe Act and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings, and other risks. |
