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Re: xray44b9 post# 79

Wednesday, 09/27/2006 11:19:38 AM

Wednesday, September 27, 2006 11:19:38 AM

Post# of 44848
news extended again

i hope these guys are just playing like their a bunch of idiots and gt their act together


Russell Industries: Russell Industries 5 for 1 forward stock split update

HOUSTON, TX, Sep 27, 2006 (M2 PRESSWIRE via COMTEX) -- Russell Industries, Inc. (RSLI.PK) has extended the record date from September 26, 2006 to October 5, 2006. The effective date will be October 6, 2006.

On August 31, 2006, Russell Industries announced its Board of Directors had approved a 5 for 1 forward stock split of the Company's common shares. Each shareholder at the close of business on October 5, 2006 will receive four (4) additional shares for every outstanding share thereof payable upon surrender.

About Russell Industries, Inc.

Russell Industries, a Nevada Corporation, was incorporated in 1997. From its inception until 2005 the Company engaged in locating and developing base and precious metals and waste stream reclamation. In May 2005 the Company's founders elected new management with a strong background in the securities, financial, energy and healthcare industries. New management quickly restructured the organization and guided Russell Industries through a successful 15(c)2-11 registration for Pink Sheet quotation. The new Russell Industries is a holding company that will assets in the energy, mining, healthcare and financial industries.

Safe Harbor

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the NASDAQ Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest.

Source: Russell Industries

CONTACT: Rick Berman, President & CEO, Russell Industries Tel: +1 713 446 7231 Fax: +1 281 298 9055 e-mail: rusind@aol.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

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