ROTI: **NEWS** no reverse split
(COMTEX) B: Tanner's Restaurant Group Announces Results of Shareholde
B: Tanner's Restaurant Group Announces Results of Shareholder Vote
BRIDGEPORT, Conn., Sep 8, 2000 /PRNewswire via COMTEX/ -- Tanners Restaurant
Group, Inc. (OTC Bulletin Board: ROTI) held its annual meeting today and
announced the results of the shareholder proxy vote.
At the meeting, the shareholders approved an increase in the number of
authorized shares of common stock to 500,000,000 shares and approved the change
of the name of the corporation from Tanner's Restaurant Group, Inc. to Corzon,
Inc. The shareholders also approved the appointment of Feldman Sherb Horowitz &
Co., P.C. as the independent public accountants of the Company for the fiscal
year ending December 31, 2000 and elected Jose A. Affuant, Lawrence Shatsoff and
Clifford Postelnik to the Company's Board of Directors.
The shareholders did not approve a proposed amendment to the Company's Articles
of Incorporation to effect a one-for-fifteen reverse split of the common stock.
In connection with the approval of the change of the Company's name, the Company
intends to apply for a change in its ticker symbol.
Based in Bridgeport, Connecticut, the Company, through its subsidiary B4B
Communications, Limited, which is headquartered in London, provides local,
national and long distance telecommunication services, focusing on opportunities
in selected niche markets.
Safe Harbor Statement under the Private Securities Litigation Act of 1995: The
statements which are not historical facts contained in this press release are
forward-looking statements that involve certain risks and uncertainties
including but not limited to risks associated with the uncertainty of future
financial results, additional financing requirements, development of new
products, regulatory approval processes, the impact of competitive products or
pricing, unpredictability of intellectual property, protection, technological
changes, the effect of economic conditions and other uncertainties detailed in
the company's filings with the Securities and Exchange Commission.
SOURCE Tanner's Restaurant Group, Inc.
CONTACT: Investor Relations of Tanner's Restaurant Group, Inc.,
203-333-6389, or fax, 203-335-1455
(ROTI) |
