Maybe a 1 for 200 reverse stock split might save SKUP/PFER?
CHEERS CHUMP!!
For Immediate Release: stocksfifthavenue.net
Andros Hotels & Casinos, Inc. Effects 1-for-200 Reverse Stock Split; Changes Trading Symbol and CUSIP Number
WICHITA, KS?May 2, 2000---Andros Hotels & Casinos, Inc. (Pink Sheets-"ADHC") announced today that the Company effected a one-for-two hundred (1-for-200) reverse stock split effective April 28, 2000. In addition, the Company said its trading symbol in the Pink Sheets would change from "ADHC" to "ANHC" and that the CUSIP number for the new ANHC stock would be 03452Q-208 (the old CUSIP number was 03452Q-109). The Company said it was reverse splitting its stock to enhance the Company?s ability to secure additional financing and to make the stock more attractive to potential investment partners and/or acquisition targets.
The Company said that all old certificates in the name of Andros Hotels & Casinos, Inc. or Andros Island Hotels & Casinos, Inc. will be required to be sent to the transfer agent to exchanged for new certificates with the new CUSIP number which will reflect the number of new shares after the reverse stock split. Shareholders should send a check for $20.00 for each new certificate requested and the old certificate(s) to:
Securities Transfer Corporation 16910 Dallas Parkway, Suite 100 Dallas, TX 75248 Tel: 972-447-9890
Contacts:
For Andros Hotels & Casinos, Inc., Jeffery N. Young, President, Tel: 316-688-0800
For Fifth Avenue Communications, Deana Wilson, Tel: 800-992-6616
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