OLD TICKER SHCC: NEW TICKER STGA: Wednesday April 11, 5:05 pm Eastern Time
Press Release
Corrected: Saratoga International Holdings Corp. Announces Details On Reverse Stock Split and New Ticker Symbol
KIRKLAND, Wash.--(BUSINESS WIRE)--April 11, 2001--Saratoga International Holdings Corp., (OTCBB:SHCC - news), announced that its previously announced 2:1 reverse stock split is effective today for shareholders of record as of Wednesday April 11, 2001 5:00 p.m. PDT. The first trading day under the new price will be Thursday, April 12, 2001.
The originally planned effective date of April 10, 2001 was changed because of a delay in notifying NASDAQ on the part of the transfer agent.
Effective tomorrow, April 12, 2001, the new ticker symbol will be STGA.
About Saratoga International Holdings Corp.
Saratoga International Holdings Corp. is a publicly traded company, stock symbol OTC BB: SHCC, until 4/12/2001, STGA thereafter. Saratoga's operating entities include Saratoga Telecom and SOLVOX Consulting Group, among others. Saratoga is a development stage company, focused on emerging telecom markets.
Contact: This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Saratoga International Holdings Corp. can be contacted by calling Cory Weber at 888-878-9683 or you may visit our web site at www.SaratogaHoldings.com. To find out more about the companies stock logon to www.otcinfo.net.
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Contact:
Saratoga International Holdings Corp.
Cory Weber, 888/878-9683
arkieboy
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