Apollo Drilling Changes Ticker Symbol.DALLAS -- Apollo Drilling, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : APDR APDR Asia-Pacific Daily Report APDR Association of Program Directors in Radiology APDR Association for the Protection of Democratic Rights APDR Access Point Decision Report ), announced that effective today, October 17, 2006, it has changed its ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors from SIMP simp n. Slang A simple or foolish person. to APDR. Tomorrow, October 18, 2006, the symbol will have a second "D" appended as a 5th character for 20 trading days In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. to indicate a 7 to 1 forward stock split (APDRD), after which the ticker symbol will revert back to APDR. Additionally, the Company's name has been formally changed from Siam Imports, Inc. to Apollo Drilling, Inc., and the reincorporation of the Company to Delaware is now effective. Pursuant to a plan of merger, seven (7) new shares of Apollo Drilling, Inc. common stock will be issued in exchange for every one (1) outstanding share of Siam Imports common stock held by shareholders as of 8:00 AM Eastern Standard Time on October 18, 2006, upon surrender of such shares to the Company's transfer agent. Apollo Drilling, Inc. is a public company focused on providing contract land drilling services to upstream oil and gas exploration, development, and production companies. The Company is a majority owned subsidiary of Apollo Resources International, Inc. (OTCBB: AOOR AOOR Annals Of Operations Research ) This press release may contain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. Statements of current oil and/or natural gas production figures should not be assumed to apply to future production figures. |
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