Allstocks.com's Bulletin Board: SLXI 15-1 Forward split news just out!

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Posted by rickpic on :

Satelinx Intl. Announces a 15 - 1 Forward Split of it's Common Stock
7/19/2006 11:46:58 AM
MONTREAL, Jul 19, 2006 (BUSINESS WIRE) -- Satelinx (PINK SHEETS:SLXI) announced today, that it has forward split it's shares of it's common stock 15 for 1. The expected effective date of this forward split is Monday, July 24, 2006.

"We believe that this forward split will increase liquidity for our common shares and increase share holder value for our existing stock holders," said Sam Grinfeld, Chairman of Satelinx Intl.

About Satelinx

Satelinx International Inc. provides satellite vehicle tracking units that integrates GSM/GPS/GPRS wireless technologies and the Internet to deliver wireless tracking and location services. Satelinx seeks to be recognized as the world leader in providing safety and security solutions on a global scale in a cost effective manner for vehicle owner, trucking or private vehicle fleet and insurance companies.

Posted by rickpic on :

The news is catching on here and the PPS is moving north! Watch this!!!!!!!!!

Posted by matto on :

is it really you!

Posted by rickpic on :

SATELINX INTL INC
SLXI : Other OTC 15 : 1 7/24/2006 7/25/2006 N/A

have the rules changed? the pay date is 7/24 and the ex date is 7/25! Where is the three day rule????

and yes Matto it is really me [Smile]

Posted by Repoman75 on :

3 day rule is for dividends, not splits.

Posted by matto on :

welcome back i hope everything is going well for you and the fam.

Posted by Aaron$ on :

you think this will run from the forward split?

GLTA!

Posted by keithNJ on :

does a 15-1 forward split dilute the o/s by 15 x's ??

Posted by DAYTRADER67 on :

Looks just about ready! imho