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Strategies & Market Trends : One Big Scam? CTRN, ECTS, IVHD, SMEK & MALB -- Ignore unavailable to you. Want to Upgrade?


To: Bear Down who wrote (205)1/28/1999 6:32:00 PM
From: StockDung  Read Replies (1) | Respond to of 559
 
Andrew Bryant famous press releases, my nomination for best press release of year

Citron, Inc. to Decide on Possible 2 for 1 Stock Split
Business Wire - January 11, 1999 15:45
LONDON/NEW YORK--(BUSINESS WIRE)--Jan. 11, 1999--The Board of Directors for Citron, Inc. (OTC BB:CTRN), a New York and London based internet marketing company, will decide tomorrow, January 12th, whether or not its publicly traded stock will split 2 for 1.

Citron has 5,100,000 shares outstanding; 1,500,000 shares are restricted with 3,500,000 in the public float. Management has witnessed the trading of Amazon.com (NASDAQ: AMZN) since its stock split, as well as the trading of Yahoo (NASDAQ: YHOO) since they announced theirs. Management believes a 2 for 1 stock split may create a less volatile market.

If management decides on the 2 for 1 split, Citron's 12 month earnings projections would be altered post split from the present projections of .65/share to .32 - .33/ share.

CONTACT: for Citron, Inc.
Andrew Bryant, 706/343.0096
aeb@enterprise.net





To: Bear Down who wrote (205)1/28/1999 6:50:00 PM
From: Pluvia  Read Replies (1) | Respond to of 559
 
Lookie - Chris Byron has a BBS where you can comment about his stories!

Lets drop him a line and thank him for the excellent work on this story. Time to let him know SI guys appreciate his hard work.

bbs.msnbc.com