WLDC e news out:
WESTMINSTER, Colo., May 22 /PRNewswire/ -- World Am Communications (OTC Bulletin Board: WLDC) and its wholly owned subsidiary, Isotec, announced today that it has been successful in its efforts to stop from being delisted and that the "E" designation will be removed from its symbol WLDC on Tuesday, May 23, 2000. Isotec's president, Jim Alexander, stated in a prior news release that delisting was NOT an option. Isotec's president, Jim Alexander also announced today that WLDC has retired 38.0 million shares of common stock into the treasury. "WLDC is on the right track to accomplish big things; this is a very exciting time for us at Isotec," says Mr. Alexander.
Company Contact: Investor Relations, 1-800-760-1166.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the companies' operations. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "feel," "think," "hear," "guess," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance.
SOURCE World Am Communications -0- 05/22/2000 /CONTACT: Investor Relations, World Am Communications, 800-760-1166/ (WLDC)
CO: World Am Communications; Isotec ST: Colorado IN: ARO CPR SU:
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