Article 219 of 223
Integrated Healthcare Systems, Inc. Merger With H Quotient Inc. Effective June 14, 1999
06/15/1999
Business Wire
(Copyright (c) 1999, Business Wire)
RESTON, Va.--(BW HealthWire)--June 15, 1999--The merger of Integrated Healthcare Systems, Inc. (formerly OTC Bulletin Board:IGHS), into H Quotient , Inc., a Virginia Corporation became effective at the close of business on June 14, 1999.
As of today, the Common Stock of H Quotient , Inc. is being traded on the OTC Bulletin Board under the symbol of HQNT. Integrated Healthcare Systems, Inc. is no longer being traded.
The Class A Warrants, being issued to Shareholders as of June 14, 1999, are restricted securities and are not tradeable or DTC eligible and are being delivered in certificate form to the beneficial owner or its nominee upon presentation of the Integrated Healthcare Systems, Inc. old Common Stock certificates ("Old Common Stock"). The transfer agent has the Class A Warrants available for delivery on presentment of the Old Common Stock as of today.
A Shareholder who has his or her shares of old Common Stock in a brokerage account and wants to have possession of his or her Class A Warrant Certificates, should contact and instruct his or her broker to have the Class A Warrant Certificate(s) physically delivered to his or her brokerage account or to the Shareholder personally.
CONTACT: Investor Relations Vincent Bocchimuzzo 914/699-2020
13:20 EDT JUNE 15, 1999
Contact: CONTACT: Investor Relations Vincent Bocchimuzzo 914/699-2020
13:20 EDT JUNE 15, 1999
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