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VRMD...Am I alone on this one?
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[QUOTE]Originally posted by Back~in: [QB] Vision Real Estate Management and Development Announces Structural Changes Business Wire - July 22, 2004 20:18 ALBANY, N.Y., Jul 22, 2004 (BUSINESS WIRE) -- Vision Real Estate Management and Development, Inc. (Pink Sheets:VRMD) today announces a reverse stock split of its common stock. The 400-1 reverse stock split will be effective as of July 26, 2004. "This is the final step in anticipation of the closing of the merger with MEM Financial Solutions," stated Mr. Donovan Rhoden, President and CEO of Vision Real Estate Management and Development, Inc. "The reverse split is a necessary step in meeting the company's objective of gaining a listing on the American Stock Exchange." Forward-Looking Statements the private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements. SOURCE: Vision Real Estate Management and Development, Inc. Vision Real Estate Management and Development Daniel J. Duffy, 518-438-8100 ex 303 Fax: 518-862-9247 Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at [URL=http://www.BusinessWire.com.]www.BusinessWire.com.[/URL] Copyright (C) 2004 Business Wire. All rights reserved. [/QB][/QUOTE]
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