posted
anyone recieve thier divident for GXXL? i havent got my FNRP shares yet. heres the pr from feb 7th.
FNRP Acquires All Assets of Global Explorations Inc.; Shareholders to Receive 1 Share of FNRP for Every 100 Shares of GXXL 2/7/2005 4:01:16 PM RESTON, Va., Feb 7, 2005 (PRIMEZONE via COMTEX) -- Global Explorations Inc.'s (Pink Sheets:GXXL) board of directors has accepted an offer from FNRP to acquire all assets of Global Explorations Inc. for shares of common stock of FNRP
Upon completion of the transaction, GXXL will declare a stock dividend and all GXXL shareholders shall receive 1 share of FNRP for every 100 shares of GXXL in a distribution. The last sale of FNRP was at $1.89 on Friday, Feb 4.
All shareholders of GXXL keep their shares of GXXL.
All paperwork should be completed by Friday, Feb 11, 2005 or sooner. The company will announce the specific dates once approved by Nasdaq. Management of FNRP has also changed and no directors of Global are involved with FNRP and were not involved with this decision to acquire Global. A Director from Universal Beverages is also joining the board of FNRP.
The acquisition reflects the value of the database of cell phone numbers and the proprietary SMS messaging product. This is all now the responsibility of FNRP
Global is now an "empty shell company" and will seek a new company to conduct a merger.
Global would also like to announce the following at this time.
Global currently has approximately seven billion, nine hundred million shares outstanding. The company has in its possession share certificates of more than one billion shares for which it is trying to contact shareholders.
Global had decided to focus on implementation of services that will quickly produce revenue for the company. The language converter for translation services is not being supported at this time. The company is now selling goods and services on its website.
Universal Beverages company information is available from their transfer agent, which is First Public.
Cricket is not a part of any of the above companies.
If you have any questions please contact the company at smsmillennium911@yahoo.com. Only shareholders who state their name and phone number will be responded to.
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
SOURCE: Global Explorations, Inc.
Global Explorations Inc. 832-218-3226
(C) 2005 PRIMEZONE, All rights reserved.
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posted
i read that that divident would be issued on feb 22, 2005. i still dont see it in my account. anyone else hear the 22nd as the date the divident would be issued?
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posted
Hmmm I didn't read that about the dividend. I haven't received any info, but the price on FNRP went down 96% yesterday. Ridiculous!!!!
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