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: Jim Bishop who wrote (50629)	6/12/2000 8:02:00 AM
From: Joe Copia	Read Replies (1) \| Respond to of 150070

ALERT: MEHO Please notice the Bold Friday June 9, 8:18 pm Eastern Time Company Press Release SOURCE: Meridian Holdings, Inc. Meridian Holdings Provides Clarification Concerning Stock Split LOS ANGELES, June 9 /PRNewswire/ -- In response to investor inquiries seeking clarification, Meridian Holdings, Inc. (OTC Bulletin Board: MEHO - news), today issued a restatement concerning a stock split, which had been previously announced on May 8, 2000. Pursuant to a resolution adopted on May 8, 2000, for each share of common stock of MEHO owned, shareholders of record as of June 15, 2000 will be issued three (3) shares of common stock in the company. Certificate issuance, which will be processed by Corporate Stock Transfer (Denver), as transfer agent, will take place on June 30, 2000. In consideration of three-day settlement, in order to be considered a shareholder of record as of June 15, 2000, shareholders must have purchased their stock prior to close of business on June 12, 2000. ``This stock split, which is consistent with management's strategic initiatives is an expression of appreciation to our shareholders for their past support and for their patience as we build the company,'' Anthony C. Dike, MD, president, chairman and chief executive officer. ``We are enthusiastic about the company's future, as we remain diligent in our efforts toward building a portfolio of valuable and synergistic enterprises,'' he said. About Meridian Holdings, Inc. Meridian Holdings, Inc. is an acquisition-oriented holding company focused on building, operating and managing a portfolio of business-to-business companies. Meridian seeks to acquire majority or controlling interests in companies engaged in e-commerce, e-communication, and e-business services, which will allow the holding company to actively participate in management, operations and finances. Meridian's network of affiliated companies is designed to encourage maximum leverage of information technology, operational excellence, industry expertise and synergistic business opportunity. Meridian is committed to building shareholder value by positioning affiliated companies as independent business entities in which Meridian shareholders enjoy equity participation. Visit Meridian's web site at www.meho.com. NOTE: Statements in this news release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Material that is forward-looking may contain statements about expected future events and/or financial results that are forward-looking in nature. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties that may cause the company=s results to differ from such forward-looking statements. These include, but are not limited to, economic, competitive, governmental, technological and other factors discussed in the statements and/or in the company's filings with the Securities and Exchange Commission. SOURCE: Meridian Holdings, Inc.