TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: StocksDATsoar who wrote (67650)	10/19/2000 1:01:05 PM
From: Jim Bishop	Read Replies (1) of 150070

ACEN wow, haven't seen the actual news posted here, so... American Communications Approves 4 for 1 Forward Stock Split SARASOTA, Fla.--(BUSINESS WIRE)--Oct. 19, 2000--American Communications Enterprises, Inc. (OTCBB:ACEN - news) today announced that it has approved a 4 for 1 forward split of its stock with a record date of Tuesday, October 30, 2000. All owners of ACEN stock at the close of the market on October 30, 2000 will be entitled to the additional shares from the forward split. ``The forward split is an important step in the Company's business model that ideally positions the Company with its pending mergers and acquisitions,'' stated Carl Smith. ``Our decision to forward split the Company's stock is intended to increase the value and liquidity within the Company's securities to the benefit of our investors and shareholders,'' added Smith. About American Communications ACEN is in the process of creating strategic relationships and acquiring complimentary operating companies within the global communications industry that have proven management and state-of-the-art technologies. Certain statements included in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors, including factors expressed from time to time in the company's periodic filings with the Securities and Exchange Commission (the ``SEC''). As a result, this press release should be read in conjunction with the Company's periodic filings with the SEC. -------------------------------------------------------------------------------- Contact: Tampa Bay Financial, Inc., Sarasota Steve Wagoner, 941/923-1949 email: swagoner@tbfcorp.net

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