VNCA.. the next VCSY???
(COMTEX) B: VenCap Capital Corporation Announces Forward Split
B: VenCap Capital Corporation Announces Forward Split
TORONTO, Feb 18, 2000 (BUSINESS WIRE) -- The Board of Directors of
VenCap Capital Corporation is pleased to announce that in keeping with
the terms of a proposed financing the Company has approved a forward
split of 15 shares for every one share of its common stock currently
authorized.
As a result of the forward split of the stock, there are approximately
30,000,000 shares issued and outstanding.
The Company is actively pursuing a financing in excess of $500,000 to
be used in conjunction with its previously announced expansion plans in
North Carolina which are currently on track.
VenCap trades on the OTC-BB-VNCA. For more information please visit or
call Mr. Roger Kirby at 1-905-820-7894.
Safe Harbor" statement under the Private Securities Litigation Reform
Act of 1995: This release contains forward looking statements that are
subject to risks and uncertainties, including, but not limited to, the
impact of competitive products and pricing, product demand and market
acceptance, new product development, reliance on key strategic
alliances, availability of raw materials, the regulatory environment,
fluctuations in operating results and other risks detailed from time to
time in the Company's press releases.
Copyright (C) 2000 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: VenCap
Roger Kirby,
1-905-820-7894
WEB PAGE: businesswire.com
GEOGRAPHY: INTERNATIONAL CANADA
INDUSTRY CODE: BANKING
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