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On The Go Announces Reverse Split Thursday November 15, 4:21 pm ET New Ticker Symbol OGOH
CONCORD, Ontario, Nov. 15 /PRNewswire-FirstCall/ -- On The Go Technologies Group (OTC Bulletin Board: ONGO - News; 'OTG' 'the Company'), a leading multi-industry computer hardware, software and systems integrator, announced today a 1-for-50 reverse split of the Company's common stock.
The reverse split, effective as of market open Friday, November 16, 2007, will reduce the number of outstanding common shares to approximately 11.4 Million. OTG's Board of Directors recently amended the Company's restated Certificate of Incorporation to actualize the split.
The Company's ticker symbol will change to OGOH.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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Large Canadian Government Agency Places $450,000 Imagery Hardware Order With OTG
CONCORD, Ontario, Nov 20, 2007 /PRNewswire-FirstCall via COMTEX/ -- On The Go Technologies Group OGOH, a leading multi- industry computer hardware, software and systems integrator, announced today that the Company has received a $450,000+ imagery hardware order from a core Federal Canadian government agency. The order, due to ship over the next few weeks and to be implemented as a Canada-wide deployment of 24 Rimage CD/DVD publishing systems, will be used for training and image distribution. The Rimage unit is a compact, all-in-one disc publishing system designed for front-office applications. It enables users to instantly record CDs and DVDs along with waterproof, scratchproof and photo-realistic image printing. This order further serves as a strong Government portfolio compliment to the US Federal Government affiliation with contract supplier Solutions for Enterprise Wide Procurement ('SEWP') via the Company's US-based partner OTG Healthcare LLC. OTG CEO Stuart Turk noted, "This upper level Government relationship, alongside our association with a Canadian Provincial Healthcare region constructing a first-of-its-kind archival system, bodes well for both robust sales and affiliated open doors in the years to come. We look forward to actively collaborating with this Federal client and continuing to build on the strength of our growing US and Canadian Government ties."
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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