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Microcap & Penny Stocks : MKII

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To: WEBNATURAL who wrote (615)1/22/1999 5:12:00 PM
From: Heidi  Read Replies (2) of 834
 
Company Press Release
SOURCE: Mark I Industries, Inc.
Mark I Industries, Inc. Announces NASD Clerical Error on Reverse Split
ATLANTA, Jan. 22 /PRNewswire/ -- Mark I Industries, Inc. (OTC Bulletin Board: MKIID - news) today announced the NASD made a clerical error in regards to the reverse stock split. On January 20, 1999, the NASD processed a 1 for 50 reverse split of the company's common stock. To correct this error, the NASD will process a 1 for 2 reverse split of the company's common stock to be effective the opening of trading in on January 26, 1999. A representative of the NASD has made apologies to the company for this clerical error.

For further information, please contact Paul R. Smith at 770-937-0960.

SOURCE: Mark I Industries, Inc.

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More Quotes and News: MARK I INDS INC (OTC BB:MKIID - news)
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