GECC - National Hispanic TV Network Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : GECC - National Hispanic TV Network

GECC 8.020

+2.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jmhollen who started this subject	7/10/2002 5:14:07 PM
From: jmhollen	of 32

Golf/Sienna Broadcasting Amends LEC Gratuity Share Plan; Stock Ownership Determination Date Reset to July 22 SPRINGDALE, Ark., July 10 /PRNewswire-FirstCall/ -- Golf Entertainment, Inc. dba Sienna Broadcasting (OTC Bulletin Board: GECC) has reset the ownership determination date in a gratuity share dividend program announced yesterday. The Company notified NASDAQ at noon today of its election to proceed under a conventional NASDAQ dividend announcement and distribution program. The original date establishing the share owners for the purpose of the gratuity was announced by the Company as July 8, 2002. The company filed an amended plan with NASDAQ which now sets the date for determination of ownership as Monday, July 22, 2002 at the close of the market. Shareholders who have already requested gratuity shares are unaffected by the amended plan, according to Company officials. Golf's CEO Dr. Tim Brooker said the Company had planned to report the event on a form 8-K with the Securities and Exchange Commission. "When we learned the NASDAQ filing procedure was already in place for a program such as this, we readily elected to use their notification process. It will greatly facilitate delivery of the gratuity shares to our shareholders. Initially, we thought their plan applied only to NASDAQ listed companies." The Company still anticipates that settlement of the gratuity shares will be made on or before September 1, 2002. SOURCE Golf Entertainment, Inc. CONTACT: David Duncan of Golf/Sienna Broadcasting, +1-479-751-2300/

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next