To: sweetchuks who wrote (1425 ) 9/17/1999 11:02:00 AM From: RBMac Read Replies (1) | Respond to of 1443
Yeah you would think it is trading at a discount but GPW is not being very clear on this deal. Perhaps the details need to be worked out yet. Also it seems odd that they would not have insisted on a premium to the market price of GPW. Did they not think their company was worth more? If not, then did they capitulate for $1.08 because GPW was going to end up in bankruptcy eventually? Seems odd, all in all. Or do they think that CYPOST will continue to sky rocket, and GPW shareholders will be rewarded? Anyway, CyPost is splitting its stock. This is a positive sign but I wonder how it will translate into the transfer. In theory it should not matter. $1.08 is 1.08 unless that was just the approx amount once the undisclosed ratio was developed??? Wednesday, September 14, 1999 CyPost Corporation announces 3-for-2 Stock Split "Protecting your privacy" Dover, DE - CyPost Corporation (OTC BB: POST), announced a 3-for-2 common stock split today. The split will become effective at the close of business on September 24, 1999. ?This split broadens our appeal across the investment sector, adding liquidity and attracting new investors?, said Steve Berry, CEO and President of CyPost Corporation. ?CyPost?s common stock has enjoyed steady price appreciation since it began trading last year. We are pleased that our investors understand and support our business model to provide privacy and protection solutions that are easy to use.? Privacy and protection issues are increasingly emerging from mainstream media. Publications such as PC Magazine are addressing the issue in everyday terms, making privacy and protection issues more accessible and relevant to mainstream and technically astute audiences. ?Increased awareness of privacy and protection issues coupled with our recent acquisitions and access to a solid client base has made CyPost attractive to the investment community?, said Berry. Current CyPost investors will be contacted by the Company?s Stock Transfer Agent Continental Stock Transfer & Trust with further details. About CyPost CyPost Corporation (www.cypost.com) develops broad-based privacy and protection solutions for individuals, business professionals and corporations. The company provides complete privacy and protection management, including encryption technology, anti-virus software and content management applications, for use at entry points and gateways to the Internet. The CyPost Network of Service Providers is a network of wholly owned Internet service providers that strive to offer the most up to date privacy and protection solutions available to subscribers. CyPost?s business model incorporates privacy and protection solutions and Internet connectivity to enable access to applications online. For more information please call toll-free 1-877-CyPost1.