SRUN- okay... LET US DO SOME MATH..
EVERY SHARE 2 SHARES I GET ONE SHARE OF A 4 DOLLAR STOCK
(COMTEX) B: Staruni to Distribute ibargain.com Stock to Shareholders
B: Staruni to Distribute ibargain.com Stock to Shareholders
BEVERLY HILLS, Calif., Sep 27, 1999 (BUSINESS WIRE) -- Staruni Corp.
(OTC BB:SRUN) announced that it had authorized the distribution of 1
share of ibargain.com for each 2 shares of Staruni held; no fractional
shares will be issued.
Fractional shares will be paid out at $4 per share. The distribution
will be made on November 15, 1999, to shareholders of record on October
21, 1999.
This distribution of shares by Staruni will be in the form of a
dividend to its shareholders.
Staruni is a 100% owner of ibargain.com. Staruni will be distributing
30% of its shares to its shareholders, as well as an additional 15% to
private investors.
At this time, the Company makes no opinion regarding the tax
consequences. The Company suggests that independent tax advice
concerning this distribution be obtained.
ibargain.com was formed as a bargain retailer on the World Wide Web. It
plans to develop an auction site as well as a "price-search" site.
Staruni Corporation, based in Southern California, provides Internet
access and e-commerce solutions to both individual and business users.
Staruni is aggressively expanding its customer base through the
acquisition of existing providers, as well as strategic alliances with
e-commerce companies
Staruni is presently developing various e-commerce sites. They include
officewarehouse.com, an on-line office supply store; igold.com, an
on-line jewelry store; loveandmarriage.com, a wedding registry site;
casinodirectory.com, a cyber-guide to domestic and international
gaming; and whattup.com, a "Yahoo"-type portal.
On Sept. 23, 1999, Staruni announced that it will be filing a Form 10
with the SEC in the next 30 days and will then be a fully reporting
company.
The release herein may contain or identify forward-looking statements.
These statements are based on a number of assumptions and estimates
that are inherently subject to uncertainty and contingencies, many of
which are beyond the control of the company and reflect future business
decisions that are subject to change.
COMTEX) B: Staruni to Distribute ibargain.com Stock to Shareholders
B: Staruni to Distribute ibargain.com Stock to Shareholders
BEVERLY HILLS, Calif., Sep 27, 1999 (BUSINESS WIRE) -- Staruni Corp.
(OTC BB:SRUN) announced that it had authorized the distribution of 1
share of ibargain.com for each 2 shares of Staruni held; no fractional
shares will be issued.
Fractional shares will be paid out at $4 per share. The distribution
will be made on November 15, 1999, to shareholders of record on October
21, 1999.
This distribution of shares by Staruni will be in the form of a
dividend to its shareholders.
Staruni is a 100% owner of ibargain.com. Staruni will be distributing
30% of its shares to its shareholders, as well as an additional 15% to
private investors.
At this time, the Company makes no opinion regarding the tax
consequences. The Company suggests that independent tax advice
concerning this distribution be obtained.
ibargain.com was formed as a bargain retailer on the World Wide Web. It
plans to develop an auction site as well as a "price-search" site.
Staruni Corporation, based in Southern California, provides Internet
access and e-commerce solutions to both individual and business users.
Staruni is aggressively expanding its customer base through the
acquisition of existing providers, as well as strategic alliances with
e-commerce companies
Staruni is presently developing various e-commerce sites. They include
officewarehouse.com, an on-line office supply store; igold.com, an
on-line jewelry store; loveandmarriage.com, a wedding registry site;
casinodirectory.com, a cyber-guide to domestic and international
gaming; and whattup.com, a "Yahoo"-type portal.
On Sept. 23, 1999, Staruni announced that it will be filing a Form 10
with the SEC in the next 30 days and will then be a fully reporting
company.
The release herein may contain or identify forward-looking statements.
These statements are based on a number of assumptions and estimates
that are inherently subject to uncertainty and contingencies, many of
which are beyond the control of the company and reflect future business
decisions that are subject to change.
(COMTEX) B: Staruni to Distribute ibargain.com Stock to Shareholders
B: Staruni to Distribute ibargain.com Stock to Shareholders
BEVERLY HILLS, Calif., Sep 27, 1999 (BUSINESS WIRE) -- Staruni Corp.
(OTC BB:SRUN) announced that it had authorized the distribution of 1
share of ibargain.com for each 2 shares of Staruni held; no fractional
shares will be issued.
Fractional shares will be paid out at $4 per share. The distribution
will be made on November 15, 1999, to shareholders of record on October
21, 1999.
This distribution of shares by Staruni will be in the form of a
dividend to its shareholders.
Staruni is a 100% owner of ibargain.com. Staruni will be distributing
30% of its shares to its shareholders, as well as an additional 15% to
private investors.
At this time, the Company makes no opinion regarding the tax
consequences. The Company suggests that independent tax advice
concerning this distribution be obtained.
ibargain.com was formed as a bargain retailer on the World Wide Web. It
plans to develop an auction site as well as a "price-search" site.
Staruni Corporation, based in Southern California, provides Internet
access and e-commerce solutions to both individual and business users.
Staruni is aggressively expanding its customer base through the
acquisition of existing providers, as well as strategic alliances with
e-commerce companies
Staruni is presently developing various e-commerce sites. They include
officewarehouse.com, an on-line office supply store; igold.com, an
on-line jewelry store; loveandmarriage.com, a wedding registry site;
casinodirectory.com, a cyber-guide to domestic and international
gaming; and whattup.com, a "Yahoo"-type portal.
On Sept. 23, 1999, Staruni announced that it will be filing a Form 10
with the SEC in the next 30 days and will then be a fully reporting
company.
The release herein may contain or identify forward-looking statements.
These statements are based on a number of assumptions and estimates
that are inherently subject to uncertainty and contingencies, many of
which are beyond the control of the company and reflect future business
decisions that are subject to change.
.PLUS I STILL HAVE THE
SHARES OF THE ORIGINAL INVESTMENT..
OKAY JUST LIKE PFCK LAST WEEK,IF YOU ARE SMART ENOUGH TO DO
THE MATH AND DO NOT BUY THIS STOCK....GET OUT... |
