Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: StocksDATsoar who wrote (24488)	2/2/2000 4:13:00 PM
From: SSP	Read Replies (2) \| Respond to of 150070

WACI - 1-4 reverse not bad, and letter of intent!

To: StocksDATsoar who wrote (24488)	2/2/2000 4:18:00 PM
From: Jim Bishop	Respond to of 150070

World Am Communications In Merger Talks and Considers Reverse Stock Split TAMPA, Fla., Feb. 2 /PRNewswire/ -- Having existed as a non-operating publicly traded ''shell'' for 1 year, World Am Communications, Inc. (OTC Bulletin Board: WACI - news), headed by Robert Esposito, has entered into a Letter of Intent to merge with a privately owned Colorado-based company with offices in Denver, Colorado. Isotec, Incorporated is a manufacturer of Access Control systems. Upon signing of the formal Merger Agreement, of which there is no assurance, WACI, which was originally in the Telecom business, will effectuate a 4:1 reverse split of its .0001 par value common stock, giving its shareholders one new share of Isotec common stock for every four shares of WACI held. There are currently 114,000,000 shares of World Am issued and outstanding. If approved by both Boards of Directors, the merger could be consummated and the reverse split completed within the next two weeks. Safe Harbor For Forward-Looking Statements: Except for historical information contained herein, the statements in this release are forward- looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the companies operations. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as ''anticipate,'' ''estimate,'' ''expect,'' ''project,'' ''intend,'' ''plan,'' ''feel,'' ''think,'' ''hear,'' ''guess,'' ''believe,'' and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. SOURCE: World Am Communications, Inc. More Quotes and News: World-Am Communications Inc (OTC BB:WACI.OB - news) Related News Categories: telecom