yep, 3-1 forward split on Monday for INTQ. Bought more at 16 1/2 near the close, and the mms immediately moved the offer up to 17 1/2 and the bid up to 16 1/2
04/12 16:00 Intelliquis Announces 3-For-1 Stock
Split <INTQ.OB>
Intelliquis Announces 3-For-1 Stock Split
SALT LAKE CITY--(BUSINESS WIRE)--April 12, 1999--Intelliquis International
Inc. (OTC BB:INTQ) Monday announced its board of directors has approved a
3-for-1 stock split payable to shareholders of record as of the close of
business on April 23, 1999.
The split will be effected in the form of a stock dividend of three shares of
Intelliquis common stock for each share of common stock outstanding on the
record date.
"The stock split reflects Intelliquis' strengthened financial and operating
performance, and our confidence in the continued growth and long-term
financial future of our business," said Bernard Yaw, Intelliquis President and
Chief Executive Officer.
"The stock split is intended to improve market interest and broaden
ownership of the company's common shares." Yaw said.
After the stock split, there will be approximately 32,000,000 common shares
outstanding.
About Intelliquis
Based in Draper, Utah, Intelliquis International is a premier provider of
software titles for the personal computer market. Intelliquis' Internet,
communications, Y2K and utility software enables computer users to save
time and money while achieving greater productivity in their business and
personal computing activities. Intelliquis' software products are available
worldwide through retail, VAR, distributor, Internet, direct and OEM sales
channels including compusanet.net (NYSE:CPU), Staples (Nasdaq:SPLS),
and OfficeMax (NYSE:OMX).
More information can be accessed from the Intelliquis Web site at
www.intelliquis.com.
Except for historical information, all of the statements, expectations and
assumptions contained in the foregoing are forward-looking statements. The
realization of any or all of these expectations is subject to a number of risks
and uncertainties and it is possible that the assumptions made by
management may not materialize. In that regard, there can be no assurances
the Intelliquis stock split will be consummated.
Online Investment Brief, visit ibchannel.com.
To request an Investor Package by mail, visit
ibchannel.com.
--30--JS/np* JV/np
CONTACT: Intelliquis International Inc., Draper
Ken Jenson, 801/990-2600
kjensonintelliquis.com Today's News On The Net - Business Wire's full file on
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