NBMX - National Boston Medical (was FGRX) Message Board

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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX)

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To: Joe Copia who wrote ()	10/30/1998 12:19:00 AM
From: Frank J. Zecha	of 1286

POMPANO BEACH, Fla.--(BUSINESS WIRE)--Oct. 29, 1998--National Boston Medical (OTCBB:NBMX - news), as part of its share exchange agreement and in preparation for filing a Form 10, effected a one for four reverse split of its common stock. The company will be fully reporting upon acceptance of its Form 10 by the Securities and Exchange Commission. The company intends to apply for NASDAQ Small Cap market upon acceptance of the Form 10. Shareholders of record of Fragrance Express Inc., as of close of business Oct. 8, 1998, will be issued a dividend of 1 share of Class B Convertible Preferred stock in Fragrance Express Inc., a wholly owned subsidiary of National Boston Medical Inc., for every 10 shares held in Fragrance Express on Oct. 8, 1998. This Class B Convertible Preferred may be converted into common stock of Fragrance Express upon the earlier of three years after Oct. 8, 1998 or upon spin off of Fragrance Express Inc., after one year. These shares will convert into 2 shares of common stock each. Information concerning National Boston Medical may be obtained by visiting the company's web site www.NBMEDICAL.com or by contacting Baron Marney Capital at 1-800-680-4744. Contact:

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