Bought WINE, recently changed symbols, news mostly overlooked about GourmetMarket.com. There have been no sellers. I kept missing it, got 500 at 3, they upped the ask, tried at 3.50, got nothing, got the rest at 3 3/4 and they moved the ask to 4 1/4. Big spread so risky if they never put out a PR for several weeks, or if they are printing.
But the news is supposed to be out before the end of the week; BOCA RATON, Fla.--(BUSINESS WIRE)--Jan. 19, 1999--Sterling Partners, Inc. (OTC Bulletin Board: SLGP / WINE) has changed its stock symbol from SLGP to WINE, effective today, it was announced by C. Lawrence Rutstein, director and secretary.
The company also announced a 1 for 4 reverse stock split, effective today.
Sterling Partners has entered into an agreement to acquire GourmetMarket.com, an Internet seller of gourmet foods, wines and other products and related information. The acquisition is expected to be finalized within the week, at which time the company will change its name to GourmetMarket.com.
Statements about the Company's future expectations, including future revenues and earnings, and all other statements in the press release other than historical facts are ''forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results. |