biz.yahoo.com
also check this out. Stock may be in manipulation stage and may fly. Acquired on-line investor group
biz.yahoo.com
Friday March 12, 8:30 am Eastern Time
Company Press Release
Intrex Inc. Announces a 25 for 1 Reverse Split With a $1,000,000
Initial Infusion
NEW YORK--(BUSINESS WIRE)--March 12, 1999--Today, a new management team took control of Intrex Incorporated (OTC BB:INEXD - news), a publicly traded Over the Counter Bulletin Board stock. As a first step, the management team has restructured the company by effecting a 25 for 1 reverse split and an initial infusion of $1,000,000 in
capital. Intrex (INEXD) is in the processes of being reincorporated under the laws of Nevada.
Intrex (INEXD) will focus on developing a specialized financial website for use by accredited investors and institutions. Intrex is planning to use the web to offer specialized products that satisfy
the needs of this client base. These products will be of a more interesting nature than is currently available on this new medium.
The company will be headed by David M. Weiss who brings to the company 30+ years financial industry experience. Besides his extended brokerage experience, Mr. Weiss is the author of several successful industry textbooks. In addition to the new management team, the company is forming a Board of Directors of equally qualified financial and technical experts.
The company intends to comply with the National Association of Securities Dealers' (NASD) most recent rulings as to the filing of Form 10SB which will make the company a reporting company.
Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from expectations.
Contact:
Rubenstein Investor Relations, New York
Richard Rubenstein, 212/843-9222
or
Intrex Inc., New York
David Weiss, 212/742-9870 |
