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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Buckey who wrote (122821)11/13/2003 2:32:39 PM
From: Taki  Read Replies (2) of 150070
 
In IDNW for tomorrow, and because no R/S.
COMTEX) B: iDial Networks Rescinds Reverse Split of Stock
B: iDial Networks Rescinds Reverse Split of Stock

THE WOODLANDS, Texas, Oct 29, 2003 (BUSINESS WIRE) -- iDial Networks, Inc.
(OTCBB:IDNW) today announced that its Board of Directors determined not to
proceed with the previously approved one-for-one-hundred fifty reverse split of
its common stock scheduled to take effect on October 27, 2003.

"We believe that it would not be prudent to effectuate the reverse at this
time," said Mark T. Wood, Chairman and Chief Executive Officer of iDial
Networks, Inc. "iDial continues to execute on its goals of gaining momentum and
increasing market impact while managing cost structures. Maintaining our current
share base is one more step in our process of delivering long-term stockholder
value."
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