SENTICORE INC (U-SNTR) - News Release
Senticore, Inc. Authorizes a Three-For-One Stock Split
HOLLYWOOD, Fla., Oct. 10 /PRNewswire-FirstCall/ -- Senticore, Inc. (BULLETIN BOARD: SNTR) , a real estate holding company, announced today that its Board of Directors authorized a three-for-one stock split of the Company's Common Stock. The split will be affected by issuing two additional shares of the Company's Common Stock for each share outstanding.
Senticore currently has approximately 4.9 million shares of Common Stock outstanding, which will increase to approximately 14.7 million shares after the stock split. The additional shares will be distributed on November 3, 2003, to holders of record at the close of business on October 24, 2003.
According to the Company President Carl Gessner, "We believe the stock split will make our shares more accessible for individual investors and increase market liquidity. It is in the best interest of our existing shareholders as well as future investors, and should make for a much more orderly market of the Company's stock."
Senticore, Inc. was formed as a holding company to effect the acquisition of businesses and real estate in the hospitality, residential, and commercial sectors as well as land development projects.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Senticore, Inc.
CONTACT: Jay Patel, jpatel971@hotmail.com or +1-561-213-4175, for
Senticore, Inc.
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