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Press Release Source: JUPITER Global Holdings, Corp.
JUPITER Global Holdings, Corp. Amends Stock Dividend In Global Bancorp, Inc. Common Stock; for Every Twenty (20) Shares of JUPITER Common Shares Shareholders Will Receive One (1) Share of Global Bancorp, Inc. Restricted Common Shares for All JUPITER Shareholders of Record as of Close of Business July 8, 2005 Monday June 27, 8:15 am ET
LAS VEGAS, NV--(MARKET WIRE)--Jun 27, 2005 -- JUPITER Global Holdings, Corp. (OTC BB:JPHCE.OB - News) ("JUPITER" or the "Company") (JPHC) today provides information regarding an amendment it has made to its stock dividend based on the restricted common stock JUPITER owns in Global Bancorp, Inc. (Other OTC:GBBI.PK - News), a company publicly traded on the Pink Sheets, whereby all JUPITER shareholders of record on close of business July 8, 2005 (the "Record Date"), will be entitled to a dividend on a prorated basis of: for every twenty (20) JUPITER common shares owned, shareholders will receive one (1) Global Bancorp, Inc. restricted common share. ADVERTISEMENT
Due to Global Bancorp, Inc.'s recently announced forward split of its common shares on 10-for-1 basis, the Company feels it in the best interest of our shareholders to pass on this forward split as part of the dividend. In addition, the Company has extended the record date to July 8, 2005.
Any additional information and instructions about the stock dividend will be provided after the Record Date.
ABOUT JUPITER GLOBAL HOLDINGS, CORP.
JUPITER Global Holdings, Corp. is a holding company with interests and developments in a diverse number of growing industries such as the VoIP telecom industry, promotional marketing industry and entertainment industry. JUPITER plans to achieve a leadership position through the building of a synergistic network of innovative, profitable and global businesses.
Statements contained herein that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. JUPITER Global Holdings Corp. intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause JUPITER Global Holdings Corp. actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in JUPITER Global Holdings Corp. applicable public filings on record with the Securities and Exchange Commission which can be viewed at its website at http://www.sec.gov.
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