(COMTEX) B: H-NET SETS APRIL 3 AS RECORD DATE FOR 2 FOR 1 STOCK SPLIT
B: H-NET SETS APRIL 3 AS RECORD DATE FOR 2 FOR 1 STOCK SPLIT
NIAGARA FALLS, N.Y., Mar 20, 2000 /PRNewswire via COMTEX/ --
H-NET.COM, Inc. (OTC Bulletin Board: HNSP) said today that the record
date for the company's 2 for 1 stock split is April 3, 2000. The
distribution date has been set for April 17.
The company announced last week that the board of directors approved a
2-for-1 split of the company's common stock. Holders of common stock
will receive one additional common share for every share held.
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 B2B
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 our 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
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CONTACT: Christine Stephens of H-NET.COM, Inc., 905-475-3249; or Frank
Hawkins of Hawk Associates, 305-852-2383, for H-NET.COM, Inc.
WEB PAGE: h-net.net
GEOGRAPHY: New York
INDUSTRY CODE: CPR
MLM
SUBJECT CODE: OTC
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