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Microcap & Penny Stocks : Sound Works (SOWK) -- Ignore unavailable to you. Want to Upgrade?

To: MoneyMade who wrote (160)	2/12/1999 7:51:00 PM
From: Turn Around Picks	Read Replies (1) \| Respond to of 582

If you take these following news releases literally those who bought shares today would not be entitled to dividend so that would make a split of current share price illogical as it would cause investors who bought shares today to have a temporary lose, approx. 75% of there investment come Tuesday as well as those who purchased around the $3 level Wednesday & Thursday would be at a loss of over 50%! Notice this 2/11 news does not mention anything about a split nor does the 2/10 news below it and both releases state "The dividend is effective as of the close of business on Thursday, Feb. 11." Also SOWK has stated to many of us that some of the news wires replaced "dividend" with the word split. Mr. Cornwell has informed the nine brokerages who are market makers for SOWK of this so it hopefully will be all ironed out come Tuesday. Thursday February 11, 12:59 pm Eastern Time Company Press Release SOURCE: SoundWorks International, Inc. SoundWorks International, Inc. Announces Clarification Of Stock Dividend Announcement SEATTLE, Feb. 11 /PRNewswire/ -- SoundWorks International, Inc. (OTC Bulletin Board: SOWK - news) announces that with respect to its stock dividend of four shares for each share currently held, effective as of the close of business on Thursday, February 11, 1999, SoundWorks International, Inc. will treat the trade date and not the settlement date as the date for entitlement of the four share dividend. In addition, the dividend shares will be free trading when issued to shareholders holding free trading stock. Forward-looking statements in this release are made pursuant to the ''safe harbor'' provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by SoundWorks International, Inc. are not a guarantee of future performance. CONTACT: Bristol Media, Ltd., 888-259-9333 or tcktsllc@gte.net, for SoundWorks International, Inc. SOURCE: SoundWorks International, Inc. Wednesday February 10, 2:54 pm Eastern Time SoundWorks sets stock dividend SEATTLE, Feb 10 (Reuters) - SoundWorks International Inc. (OTC BB:SOWK - news), a multimedia entertainment, manufacturing and marketing content company, said Wednesday it will be offering a dividend of four shares for each share currently held. The dividend is effective as of the close of business on Thursday, Feb. 11. Shares were trading at 2-1/4 at 1130 EST on the over-the-counter bulletin board, up 1-1/8 from Tuesday's close. SoundWorks develops and creates interactive CDs and videos for the entertainment industry. --------------------------------------------------------------------------------