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Re: rocim post# 186780

Monday, 11/16/2015 2:47:55 PM

Monday, November 16, 2015 2:47:55 PM

Post# of 211678
rocim.............

Burgess bought this pinkie from Astrom in early 2006 when it was under the symbol PRRM. He changed it to SMMW and managed to dump over 60b shares before selling the shell to Lisenby. The share holders were hit with a 8334-1 reverse split as XMDC and got a fresh start with shares opening their first trading day at just over 80 cents. That PPS didn't hold at all and the stock tanked despite Pr's like this..

SUN VALLEY, Calif., Sept. 17, 2007 (PRIME NEWSWIRE) -- Summus Works, Inc. (Pink Sheets:SMMW) announced the Company has announced a corporate restructure to include a name change, symbol change, and a reverse split of the Company stock, Common and Preferred. The Company issued the following statement:

"As we move the Company forward, it is imperative to have a share structure that will allow us to seek acquisitions as well as targeting an up listing to OTCBB, AMEX, or NASDAQ Small Cap Market within the next year. We will be doing a reverse split at the ratio of 8334 to 1. This adjustment in share structure is intended to decrease our outstanding Common to a more industry standard palatable to future investors, fund managers, our primary Market Makers and for up listing qualifications. Our targeted revenue projections of $60 Million for 2008 and $110 Million in 2009 will insure our current and future shareholders will continue to have value in their investment in the Company. Upon receipt of the confirmation from NASD, we will issue a statement informing the public as to our new symbol," stated Mr. Paul D. Lisenby, Chairman and CEO of Summus. "In addition, the Company will change its name to XTend Medical Corporation to better reflect our position as a major player in the healthcare sector. XTend Medical has been working on several contracts with regional and national health care providers to deliver cutting-edge technologies to insure their patients are monitored and given the best in medical care. The company's main focus is secure long term contracts that will insure the positive growth of the company now and in the future."

http://globenewswire.com/news-release/2007/09/17/365694/126768/en/Summus-Announces-Corporate-Restructure.html


and this................


SUN VALLEY, Calif., Oct. 24, 2007 (PRIME NEWSWIRE) -- XTend Medical Corporation (Pink Sheets:XMDC) announced the company has launched a new corporate website. The new website is located at www.xtendmedical.com

In other news, CEO, Paul D. Lisenby issued the following statement regarding the company's business model and future for the company.

"We've worked very hard over the last month in structuring the company after our reverse merger with Summus Networks for success in the healthcare industry. The company has signed several strategic alliances and purchased a 25% interest in Medical Cost Management. By accomplishing this, we have positioned ourselves for our initial penetration into the healthcare industry and we're very near closing several contracts we've been working on for the past several months. We'd certainly like to speed up the process in closing these contracts, but when dealing with large healthcare organizations this does take time.
- See more at: http://www.globenewswire.com/news-release/2007/10/24/367720/129520/en/XTend-Medical-CEO-Discusses-Company-s-Business-Model.html#sthash.JinPe4RO.dpuf


http://www.globenewswire.com/news-release/2007/10/24/367720/129520/en/XTend-Medical-CEO-Discusses-Company-s-Business-Model.html


At the time the company changed to XMDC, the share numbers were 28,437,031 shares outstanding: 21,403,469 shares free trading: 7,033,562 shares restricted. The PPS as I said earlier opened at .83

Look where we are now.......Authorized Shares 1,750,000,000 a/o Nov 01, 2015
Outstanding Shares 1,392,887,031 a/o Nov 01, 2015

PPS of .0008


Buy that lotto ticket yet, or still saving?

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stock, than to wish you hadn't.