Stock Split for Fairchild International
PR Newswire - September 09, 1999 16:29
SEATTLE, Sept. 9 /PRNewswire/ -- Fairchild International Corporation (OTC Bulletin Board: FRCD) has approved a ten for one forward stock split in the common shares of the company, effective September 13, 1999.
According to company officials, the reason for the split was in response to request by a majority of shareholders who expressed concerned that the current share valuation did not provide the liquidity for an orderly market at this stage in its growth.
Fairchild International Corporation has been structured as an Internet e-commerce corporation providing proprietary products to the consumer market in various sectors.
Fairchild's first product line is in the area of proprietary anti-aging products marketed under the trademarked name YouthfulYou. The major product application involves unique skin regeneration products formulated exclusively for the company by a group of scientists who have a combined experience of over 100 years in the anti-aging field.
Fairchild is positioning YouthfulYou to become a leader in the development of proprietary anti-aging products for the 90 million Northern Americans between 34 and 50 who are considered to be the affluent Baby-Boomer generation.
For further information, call the Fairchild International Corporation offices at 800-249-7996.
For investment inquiries, call Stockbroker Relations, Inc. at 800-546-7950.
Safe Harbour Statement under the Private Securities Litigation Reform Act of 1995. This news release contains forward-looking statements. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by Fairchild may differ materially from these statements due to a number of factors. Fairchild assumes no obligation to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
SOURCE Fairchild International Corporation
/CONTACT: Fairchild International Corporation, 800-249-7996, Investment -
Stockbroker Relations, Inc., 800-546-7950/
(FRCD) |
