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Technology Stocks : TXPO - TXP Corporation (Bulls Board)

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From: rrm_bcnu11/10/2005 11:20:31 AM
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Stock Market Solutions, Inc., or SMS, is requesting that you give
your written consent via proxy under Nevada law to approve a reverse
stock split of 1 share of common stock for every 10 shares of common
stock owned (the "Proposal").

SMS's proposed merger with Texas Prototypes, Inc., or TXP, which
provides for the exchange of all of the outstanding shares of TXP
for 89,298,092 of the issued and outstanding shares of SMS, gives
rise to the Proposal, as without the proposed reverse split of SMS's
common stock, SMS will not have enough authorized and unissued
common stock to meet this obligation under the merger agreement with
TXP.

This is VERY big news. The approval of this (it will be approved, of
course) will be a major step for completion of the merger! It's been
a long wait but the proxy vote is the second to last step before the
SB2 registration which basically creates and validates TXP stock.
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