Tuesday April 6, 2:18 pm Eastern Time
Company Press Release
Planet City Cancels Two Million Shares
MONTREAL--(BUSINESS WIRE)--April 6, 1999--Planet City (OTC BB: PINC) is pleased to announce that, by mutual agreement, 2,000,000 restricted PINC shares have been cancelled and put back into the treasury. The shares were issued May 13, 1998 to Millennium Software Solutions (MSS) in conjunction with the acquisition of MSS and its technology.
The total shares have been reduced from 15,134,368 to 13,134,368.
For further information call: 1-800-219-8785
Contact:
Planet City, Montreal
Greg Kraft, 800/219-8785
info@planetcity.com; planetcity.com
biz.yahoo.com
*** END PRESS RELEASE ***
Note: Millennium Software Solutions (MSS) was renamed to Planet City Software Publishing (PCSP). PCSP was and still is a wholly owned subsidiary of Planet City Software, Inc. This was a mutual renegotiation of the acquisition agreement.
Regards,
Terry E. Dennis, CEO
Planet City Software, Inc. (OTC BB: PINC) |
