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Microcap & Penny Stocks : INNOVO (INNO)
INNO 0.0790-21.0%Jan 21 4:00 PM EST

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To: c. w. oakes who wrote (4086)4/1/1999 5:05:00 PM
From: Kenny Low  Read Replies (2) of 4179
 
Where has everyone gone?

News (sort of) out today:

biz.yahoo.com

Thursday April 1, 12:50 pm Eastern Time
Company Press Release
SOURCE: Innovo Group Inc.

Innovo Group Inc. to Extend Proxy Voting Until April 12, 1999

KNOXVILLE, Tenn., April 1 /PRNewswire/ -- INNOVO GROUP INC. (Nasdaq: INNO - news), a manufacturer and supplier to national and international retailers, including Wal-Mart, K-Mart, Michael's, Hobby Lobby, Dollar General, Profitt's, Goody's and Fabri-Center, announced today that the annual shareholder's meeting has been rescheduled for April 12, 1999 at which date all proxy voting must be completed.

Innovo Group Inc. designs, markets, manufactures and distributes fashion and sports licensed nylon and canvas products for the multi-billion dollar crafts industry and retail sector in the United States and Europe. Under licensing agreements, the Company's sports lines feature the designs of the NBA, NFL, Major League Baseball, NHL, numerous collegiate teams, Walt Disney and Warner Brothers. Innovo also has certain exclusive and non-exclusive manufacturing and distribution rights for NASCAR licensed products.

This press release may contain forward-looking statements made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's product, product demand, competition, capital adequacies, access to additional capital if required and other risks and uncertainties detailed from time to time in the Company's periodic reports including Quarterly Reports on form 10-Q and Annual Reports on form 10-K.

SOURCE: Innovo Group Inc.
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