TRIT - Triden Telecom, Inc Announces Forward Split
TYLER, Texas, Apr 4, 2000 (BUSINESS WIRE) -- On April 3, 2000, the Board of
Directors approved a 5 for 1 forward split in the issued and outstanding common
stock of Triden Telecom, Inc.(OTC-BB:TRIT), which will be accomplished by
distributing to all stockholders of record on April 14, 2000, 4 additional
shares for each share now held. The distribution date is April 17, 2000. As a
result of the forward split, the number of issued and outstanding shares will
increase from 28,450,565 shares to 113,802,260 shares.
Documentation with respect to this change in the structure of the capital stock
of the Company will be submitted to NASD and other appropriate state regulators.
The Company is actively pursuing its business plan of rolling up profitable
privately owned telecom and high-tech companies.
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.
Distributed via COMTEX.
Copyright (C) 2000 Business Wire. All rights reserved.
CONTACT: Triten Telecom, Inc.
Mr. Robert S. Hardy, 903/581-2040
KEYWORD: TEXAS INTERNATIONAL CANADA
INDUSTRY KEYWORD: TELECOMMUNICATIONS
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