IDNW, good to know that we still 4 days to get in for the FS , so I don't need to get in today... coz' L2 doesn't look good.
iDial Networks, Inc. Announces Clarification of Stock Split
Business Editors & High-Tech Writers
DALLAS--(BUSINESS WIRE)--Nov. 17, 2000--The Board of Directors of
iDial Networks, Inc. (OTCBB:IDNW) announces clarification of the
previously announced 2 for 1 forward split of the Company's common
stock.
All shareholders of Record, at the close of business on Wednesday,
Nov. 15, 2000 ("Record Date") will receive one (1) share for each
share held. This dividend will now be payable on Tuesday, Nov. 21,
2000 ("Distribution Date").
All shares will trade post split at the opening of business
Wednesday, Nov. 22, 2000 ("Ex-Date").
To further clarify, the "Record Date" is the date of settlement on
all shares purchased. The "Distribution Date" is the day the shares
electronically arrive in the shareholders account and "Ex-Date" is the
date the shares become tradable.
Whoofnet, a wholly owned subsidiary of iDial Networks, Inc., is a
next generation, e-commerce Internet company that utilizes multimedia
to drive sales of consumer products and services by marrying the
in-house consumer marketing power of television with the global reach
of Web-based e-commerce. The company markets its products through
global channels of distribution, including direct response television
programming, retail outlets and international independent
representatives and affinity marketing groups. The company combines
television's proven ability to drive product sales with the global
informational and access capabilities of the Internet.
iDial Networks, Inc., (www.idialnetworks.com), is an application
service provider in leading communication technologies, provides a
wide range of Voice over Internet Protocol (VoIP) services,
Internet-activated applications and products that bring affordable
telecommunications services to users around the globe. The company is
building a next generation VoIP and TDM network based on carrier class
technologies from Cisco Systems (Nasdaq:CSCO) and Microsoft
Corporation (Nasdaq:MSFT).
iDial Networks, Inc. is actively seeking to grow its operations
internally and through selective, well-structured acquisitions. The
Company will continue on its path of growing internally and acquiring
profitable businesses and service providers that compliment iDial
Networks' diversified geographical, product and retail/wholesale
composition.
Except for historical information contained herein, the statements
in this news release are forward-looking statements that are made
pursuant to the Safe Harbor provisions of the Private Securities
Reform act of 1995. Forward-looking statements involve known and
unknown risks and uncertainties, which may cause the 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, risk
inherent in the Company's domestic and international operations,
imprecision in estimating product reserves and the Company's ability
to replace and expand its holdings. |
