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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: OFW who wrote (9384)10/29/1998 12:32:00 PM
From: Joe Copia  Read Replies (1) | Respond to of 25711
 
I can tell you right now I will try to get to the bottom of this.

Joe PTG&LI !!!



To: OFW who wrote (9384)10/29/1998 1:07:00 PM
From: Joe Copia  Respond to of 25711
 
National Boston Medical Announces One for Four Split
and Fragrance Express Stock Dividend

Business Wire - October 29, 1998 12:13

POMPANO BEACH, Fla.--(BUSINESS WIRE)--Oct. 29, 1998--National Boston Medical (OTCBB:NBMX), as part of its share exchange agreement and in preparation for filing a Form 10, effected a one for four reverse split of its common stock.

The company will be fully reporting upon acceptance of its Form 10 by the Securities and Exchange Commission. The company intends to apply for NASDAQ Small Cap market upon acceptance of the Form 10.

Shareholders of record of Fragrance Express Inc., as of close of business Oct. 8, 1998, will be issued a dividend of 1 share of Class B Convertible Preferred stock in Fragrance Express Inc., a wholly owned subsidiary of National Boston Medical Inc., for every 10 shares held in Fragrance Express on Oct. 8, 1998.

This Class B Convertible Preferred may be converted into common stock of Fragrance Express upon the earlier of three years after Oct. 8, 1998 or upon spin off of Fragrance Express Inc., after one year. These shares will convert into 2 shares of common stock each.

Information concerning National Boston Medical may be obtained by visiting the company's web site nbmedical.com or by contacting Baron Marney Capital at 1-800-680-4744.

CONTACT: Baron Marney Capital
1-800-680-4744
www.NBMEDICAL.com