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American Millennium Corporation Reports Return of Stock.


Business Editors

GOLDEN, Colo.--(BUSINESS WIRE)--Feb. 23, 2000

American Millennium Corporation, Inc. (AMCI AMCI Advanced Micro Controls Inc.
AMCI Automotive Marketing Consultants, Inc.
AMCI Air Mobility Command Instruction
AMCI Associazione Italiana Medici Cattolici (Italian Association of Catholic Physicians) 
)(OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: AMCI) announced today that just over 715,000 shares of the Company's common stock have been returned to the corporate treasury.

The Company reported that it has achieved a positive resolution with two former Company officials. Under the terms of the agreement, the two individuals collectively returned 800,000 shares of stock issued to them over two years ago in exchange for a combined 234,550 shares. Restrictions on sale of the stock in question had expired and the stock was eligible to be freely traded in the open market.

In an unrelated matter, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 AMCI Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 James C. Statham, an agreement to rescind To declare a contract void—of no legal force or binding effect—from its inception and thereby restore the parties to the positions they would have occupied had no contract ever been made.


rescind v.
 the Company's consulting contract with Wilson Lombard Partners was reached whereby all 150,000 shares of AMCI registered and free trading common stock was returned to the Company. Wilson Lombard Partners is a Ft. Lauderdale, Florida-based Consulting and Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  Firm that effected the listing of AMCI common stock on the Berlin Stock Exchange.

Statham commented, "This return of stock to the AMCI treasury represents the favorable closure of several unresolved legal issues previously reported in its SEC filings and in addition reduces the Company's current issued and outstanding stock by 715,450 shares."

This press release contains forward-looking statements that involve risk and uncertainties that could cause the company's actual results and experience to differ materially from anticipated results and expectations expressed herein. In particular, AMCI's plans may be revised, and its actual results may differ materially from that indicated by its current plans.

AMCI's web page address is www.amc-wireless.com.
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Publication:Business Wire
Date:Feb 23, 2000
Words:275
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