DMNX Split -forward event, record date April 20th.
This will probably have a few dips along the way
NEW YORK-- (OTCBB NEWSWIRE) -- March 21, 2001, Dominix, Inc. (DMNX: 2.25) released news of a subsidiary, Eclub Philippines, started and plans expansions of its call center. The expansion plan addresses the growing Asian community in the United States. Dominix entered into an agreement with a B2B company delivering call center services.
However, perhaps of more importance to investors may be the 10:1 forward split of common stock, filed in the PRE 14C (Preliminary Information Statement) yesterday March 20.
The filing states, "The Board of Directors has declared April 20, 2001 as the record date and April 30, 2001, as the effective date of the forward split. This means that shareholders of record on April 20, 2001 will receive on April 30, 2001, 10 shares for each 1 share then owned. The Board of Directors is taking this action in order to make the stock of the Company more attractive to investors."
On March 9, the company increased authorized from 25,000,00 to 205,000,000. Of the 20,000,000 shares of Common Stock presently authorized, as of March 4, 2001, there were approximately 7,125,685 shares of Common Stock outstanding.
It appears the information is beginning to spread. On 22,600 shares DMNX is up $.25 (13%). |
