Guess, the listing thingy, will be next...
(COMTEX) B: H-NET ANNOUNCES 2-FOR-1 STOCK SPLIT
B: H-NET ANNOUNCES 2-FOR-1 STOCK SPLIT
NIAGARA FALLS, N.Y., Mar 16, 2000 /PRNewswire via COMTEX/ --
H-NET.COM, Inc. (OTC Bulletin Board: HNSP) announced today that the
company's board of directors has approved a 2-for-1 split of the
company's common stock. The distribution date and the record date,
where the holders of common stock will receive one additional common
share for every share held, will be announced on Monday 20th March
2000.
H-NET.COM CEO Anton Stephens said, "The strong performance of our
company's stock in the past 15 months and the outstanding growth
opportunities that lie ahead of us have encouraged this forward move
with splitting the stock. This is another step in our overall effort to
maximize shareholder value. We believe the increase in the outstanding
float and corresponding increase in liquidity will be beneficial to our
shareholders."
As of March 16, 2000, H-NET had approximately 7.8 million shares
outstanding. Upon completion of the split, the number will increase to
approximately 15.6 million shares. This is the first split of common
stock since the company went public in May 1995.
(COMTEX) B: H-NET ANNOUNCES 2-FOR-1 STOCK SPLIT
B: H-NET ANNOUNCES 2-FOR-1 STOCK SPLIT
NIAGARA FALLS, N.Y., Mar 16, 2000 /PRNewswire via COMTEX/ --
H-NET.COM, Inc. (OTC Bulletin Board: HNSP) announced today that the
company's board of directors has approved a 2-for-1 split of the
company's common stock. The distribution date and the record date,
where the holders of common stock will receive one additional common
share for every share held, will be announced on Monday 20th March
2000.
H-NET.COM CEO Anton Stephens said, "The strong performance of our
company's stock in the past 15 months and the outstanding growth
opportunities that lie ahead of us have encouraged this forward move
with splitting the stock. This is another step in our overall effort to
maximize shareholder value. We believe the increase in the outstanding
float and corresponding increase in liquidity will be beneficial to our
shareholders."
As of March 16, 2000, H-NET had approximately 7.8 million shares
outstanding. Upon completion of the split, the number will increase to
approximately 15.6 million shares. This is the first split of common
stock since the company went public in May 1995.
H-NET.COM, Inc. is the global leader in providing E-commerce
business-to- business services to the vision care industry. The company
is deploying the H-NET(R) Internet-based transaction network and its
one-stop multi-service Internet portal to as many users in the vision
care industry as rapidly as possible.
For more information about the company visit their website
www.h-net.net or contact Christine Stephens at (905) 475-3249. Email
info@h-net.net. For copies of press releases, SEC filings, current
price quotes, stock charts and other valuable information visit Hawk
Associates website www.hawkassociates.com or contact Frank Hawkins or
Julie Marshall, Hawk Associates, Inc. at (305) 852-2383. Email:
info@hawkassociates.com.
"Safe Harbor" statement under the Private Securities Litigation Reform
Act of 1995: Statements in this press release regarding the expansion
of the Company's operations are forward-looking statements. Words such
as "expects," "intends," "believes," "anticipates," and "likely" also
identify forward- looking statements. Actual results may differ from
such forward-looking statements as a result of a number of factors.
SOURCE H-NET.COM, Inc.
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Christine Stephens of H-NET.COM, Inc., 905-475-3249, or e-mail,
info@h-net.net; or Frank Hawkins, or Julie Marshall both of
Hawk Associates,
Inc. 305-852-2383, or e-mail, info@hawkassociates.com
WEB PAGE: h-net.net
GEOGRAPHY: New York
INDUSTRY CODE: MLM
HEA
SUBJECT CODE: OTC
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