WAMEX Confirms with NASD that its Symbol will not be Appended with an "E" on March 24,2000
NEW YORK--(BUSINESS WIRE)--March 23, 2000--WAMEX Holdings Inc. (OTC BB:WAMX), an Internet and technology company dedicated to creating and dominating an efficient alternative market and exchange for individuals and institutional investors, today announced that the Company confirmed Wednesday, 3/24/2000, with the NASD that it has complied with the NASD rule 6530 and that the Company's stock symbol will not be appended with an "E".
On Monday, March 20, 2000, the NASD posted on its OTCBB web site, www.otcbb.com, a daily list which inadvertently reported that WAMEX was not in compliance with the Rule and was subject to de-listing. However, as a result of its recent acquisition of Conchology, Inc., WAMEX has elected successor issuer status under rule 12G-3 of the Securities Exchange Act of 1934, and is now a fully reporting company. A corrected posting can be viewed in the Daily list section of the NASD's Over The Counter Bulletin Board website at otcbb.com effective today.
The WAMEX lead product, the WAMEX Alternative Trading System (ATS), wamex.com, addresses one of the largest and most active industries worldwide. The proprietary system enables a community of self-empowered investors to consummate transactions more efficiently and at a lower cost.
Safe Harbor Statement: This release may contain certain forward looking statements that are made pursuant to the safe harbor provisions of the Private Securities and Litigation Reform Act of 1995. Actual events or results may differ from the Company's expectations.
CONTACT: Russell Chimenti
718/677-4111 ext. 154
or
DeMonte Associates
212/473-3700 |
