BarPoint.com Pays Dividend of Common Shares.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , FLA--(BUSINESS WIRE)--Oct. 19, 1999-- BarPoint.com, Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : BPNT), developer of a revolutionary new way of using the Internet to deliver product and comparative pricing information to consumers, today paid a dividend of 878,770 common shares to former owners of The Harmat Organization, which combined with BarPoint in a reverse shell merger on June 3. The dividend is being paid to Harmat shareholders of record as of June 2, 1999. It was agreed to at the time of the merger to compensate the shareholders for assets they contributed to Harmat in advance of the merger. The Harmat Organization had been listed on the OTC bulletin board under the symbol HMAT HMAT Historia Mathematica HMAT His Majesty's Australian Transport . As of June 2, 199, there were 2,712,500 shares of BarPoint.com outstanding. Currently more than 14,000,000 share are outstanding. BarPoint.com is the single, authoritative source for mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. commerce, bridging the gap between the broad selection of products offered online and the confidence and satisfaction of retail shopping. Using BarPoint's comprehensive database and a handheld device to enter a product's unique UPC (Universal Product Code) The standard bar code printed on retail merchandise, which is administered by GS1 US, Brussels, Belgium and Lawrenceville, NJ (www.gs1.org). barcode or number, consumers can instantly obtain comparative pricing and product and manufacturer information about more than 100 million items. Whether users employ a handheld device to scan or manually enter the UPC code or access BarPoint's Web site from a desktop computer, BarPoint.com is the most direct route to better, more informed purchasing decisions any time, any where. This press release contains "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 Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, regarding the Company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including those mentioned in various Securities and Exchange Commission filings made periodically by the Company, may cause the Company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" and the Company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the Company's expectations or future events. BarPoint and BarPoint.com are trademarks of BarPoint.com, Inc. |
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