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Technology Stocks : OSFT - Objectsoft
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To: Spark who wrote (658)10/12/1999 4:27:00 PM
From: Ted Gregg  Read Replies (1) of 694
 
OSFT reverse split 1 for 6

Tuesday October 12, 3:40 pm Eastern Time

Company Press Release
SOURCE: ObjectSoft Corporation

ObjectSoft Corporation Announces One-for-Six Reverse Stock Split of its Outstanding Common Stock

HACKENSACK, N.J., Oct. 12 /PRNewswire/ -- ObjectSoft Corporation (Nasdaq: OSFTC - news) today announced a one-for-six reverse stock split of its outstanding common stock. The reverse split is intended to increase the bid price of its common stock to at least $1.00 per share towards maintaining listing on Nasdaq. Trading in the post-reverse split common stock will start at the opening of business on Wednesday, October 13, 1999. The reverse stock split was authorized by the stockholders at a Special Meeting of Stockholders on October 12, 1999.

This press release contains certain forward-looking statements concerning ObjectSoft Corporation, which are subject to a number of known and unknown risks that could cause actual results, performance and achievements to differ materially from those described or implied in the forward-looking statements. Among such risks are those discussed in the Company's Registration Statements on Form SB-2 and Form S-3, its Quarterly Reports on Form 10-QSB and its Annual Reports on Form 10-KSB on file with the SEC and other filings made with the SEC from time to time.

biz.yahoo.com

Do we believe the warrants will split 1 for 6?
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