WOWS read the NR - why is it down (NR enclosed)
(PR NEWSWIRE) Wowstores.com, Inc. Announces Twenty-five-For-One Stock Spli
Wowstores.com, Inc. Announces Twenty-five-For-One Stock Split
BOCA RATON, Fla., May 5 /PRNewswire/ -- Wowstores.com, Inc.
(OTC Bulletin Board: WOWS) announced today that its board of directors has
approved a twenty-five-for-one forward stock split of the Company's common
stock. Record date for the split will be May 12, 1999 with the distribution
date set for May 19, 1999. The Company's common stock will be quoted on a
post-split basis as of May 19, 1999. Herbert Tabin, CEO and President,
commented, "It is important for us to broaden the marketability, distribution
and liquidity of our stock to all our shareholders."
The Company advises that shareholders do not need to take action to
receive the additional shares. Existing certificates should not be destroyed
nor returned to the Company and will continue to represent the number of
shares indicated. New certificates will be issued for the balance of shares
due. The twenty-five-for-one stock split will not change the shareholders
existing proportionate ownership.
Wowstores.com is a commission-driven internet shopping directory at
www.wowstores.com. This site will provide customers with access to merchandise
and services 24 hours a day. The company will earn a commission on items
purchased via WowStores links to the affiliate or sponsor sites. Direct
Marketing of specific products will also provide revenues to the company.
For more information, contact: The Hawke Group, Inc.
Phone (954) 564-7114 or Fax (954) 564-9848
Visit the website at www.hawkegroup.com.
This material was prepared and disseminated by The Hawke Group, Inc.
("Hawke") for the Company discussed herein, based upon Company supplied
information or other sources believed to be reliable. The information is not
guaranteed by Hawke for accuracy or to be all inclusive. Forward-looking
statements in this release are made pursuant to the Safe Harbor provisions of
the Private Securities Litigation Reform Act of 1995. These forward-looking
statements are subject to certain risks and uncertainties and actual results
could differ from those discussed. This material is information only and is
not an offer or solicitation to buy or sell the securities. Hawke, its
affiliates, and/or its officers, directors and employees may from time to time
have a position in these securities. The Hawke Group has been compensated by
the Company.
SOURCE Wowstores.com, Inc.
-0- 05/05/99
/CONTACT: Roy Samuel of The Hawke Group, Inc., 954-564-7114, or fax
954-564-9848/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 122170/
/Web site: hawkegroup.com
(WOWS)
CO: Wowstores.com, Inc.
ST: Florida
IN: MLM
SU:
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