NEWS -- Finders Keepers, Inc. Announces 7 for 1 Stock Split
NEW YORK, July 27 /PRNewswire/ -- Finders Keepers Inc.
(OTC Bulletin Board: FDKP), today announced that on July 27, 2000 its Board of
Directors approved a 7 for 1 forward stock split of its common shares.
According to Devorah Zirkind, CEO of Finders Keepers, Inc., "The Company
believes that the forward split of shares is desirable to strengthen the
Company's flexibility and addresses the liquidity issue in increasing the
available float in the market."
The Company's Certificate of Incorporation has been amended to increase
the authorized capital stock of the Company to 250,000,000 shares, all of
which will be common stock. The record date for the forward split will be
Monday, August 7, 2000 with a distribution date of August 9, 2000. No further
approvals are necessary.
About Finders Keepers Inc.
Finders Keepers Inc. is a leader in locating lost and abandoned assets
that have been escheated to State and Federal Government agencies, which are
holding billions of dollars derived from dormant bank accounts, lost or
forgotten stocks and bonds, forgotten safe deposit boxes, money from health
benefits and lost assets belonging to Estates. Finders Keepers' website,
moneychest.com, has thousands of different claims pending with
government agencies for a variety of clients who have enlisted Finders
Keepers, Inc., to assist them in locating and retrieving their lost funds. In
addition to assisting individuals, Finders Keepers' corporate clientele
include, but are not limited to, hospitals, law firms, and financial firms.
Public dissemination of claim amount, which is held by State and Federal
Government agencies on behalf of the claimant, is not permissible.
This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended and Section 21E of
the Securities Exchange Act of 1934, as amended. The Company's actual results
could differ materially from those set forth in the forward-looking statements
as a result of the risks set forth in the Company's filings with the
Securities and Exchange Commission, changes in general economic conditions,
and changes in the assumptions used in making such forward-looking statements
Contact: IR - Zazoff Associates, L.L.C., 973-515-8515,
Email - zazoff_alan@msn.com
SOURCE Finders Keepers Inc.
Web Site: moneychest.com |
