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JUPITER Global Holdings, Corp. Announces Spin-Off of Entertainment Interests Expected to Take Place Within 30 Days; Stock Dividend to Immediately Follow via COMTEX
February 1, 2006
LAS VEGAS, NV, Feb 01, 2006 (MARKET WIRE via COMTEX) --
JUPITER Global Holdings, Corp. ("JUPITER" or the "Company") (OTC: JPHC) today announces that its previously announced plans to spin off its entertainment interests are progressing well. The Company has made significant progress where it now feels the spin-off is now expected to take place within the next 30 days.
Within the process of executing the spin-off, a stock dividend is planned to be immediately given to shareholders as part of the Company's ongoing plan to provide value to its shareholders.
The Company looks forward to the continued developments regarding this plan and providing shareholders with announcements as events are completed.
ABOUT JUPITER GLOBAL HOLDINGS, CORP.
JUPITER Global Holdings, Corp. is a holding company with interests and developments in a diverse number of growing industries. 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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Looks like PHBT may be ready to bounce here again. alot of buying at .0019 and even a few sells at the ask like MM's want shares. I bought in at 19 and jumped the ask to 21. I think she's ready to return to the 3's.
Posts: 410 | Registered: Jan 2006
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PHBT has been in a downtrend since mid-September '05. Yesterday it traded 11M+ shares losing 5.5% that was a preliminary UHV signal. Today it traded 26.7M shares, it closed 2/8 at .0017, and was taken down to .0013 LOD today, or 23.5%. Today was the take down day, and what I believe to be confirmation of the UHV and it has a high probability of running soon. It's a raggedy pink sheet, but they do run too. It's a gamble do your DD, and don't be greedy.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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I agree w/ will, keep an eye on this one. All buying into the close w/ close to a 2 mil buy right at EOD
Posts: 410 | Registered: Jan 2006
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Boys, I don't know? I'm showing close to 15mil in buys from late yesterday and this morning, most of them at 15. I only see 130,000 sold in that time. After the 30000 sell the dropped the bid for a bit. A couple weeks ago this would ut on a couple 100 thousand buys. Either MM's are holding this down and its going to run like mad or there diluting.
Posts: 410 | Registered: Jan 2006
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