CLX Investment Company Announces Stock Dividend.TEMECULA, Calif. -- CLX (library, graphics) CLX - The Common Lisp library providing a low-level interface to the X Window System, equivalent to Xlib. Graphics toolkits can be built on top of CLX, e.g. McCLIM, Garnet, CLUE and CLIO. Investment Company, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLXN) today announced that the Board of Directors has met and approved a plan to dividend shares of the Company's common stock on a 1-for-3 basis. Shareholders of record as of the close of business on September September: see month. 23, 2005 will be entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: to receive one share of common stock for every three shares they own. "The CLX Board strongly believes that the Company's current market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. does not accurately reflect CLX's true market value and is taking this action, in part, to adjust the market cap upward to a more appropriate level," commented Tammy Dunn Dunn may refer to: Places
"There are several outstanding investment opportunities currently being considered by CLX and its Investment Committee. Further, our current portfolio holdings are positioned to make significant impact in their respective markets. As a result, we expect that the coming weeks will bring a steady stream of information that will be of interest to our shareholders and the public markets," added Ms. Dunn. The Board expects that shareholders of record at the close of business on September 23, 2005 will be mailed their additional certificates within 30 days of the closing date. Shareholders will not be required to surrender existing certificates, and no action is required on the part of current shareholders. Only shareholders of record at the close of business on the record date will be eligible to receive this dividend. As a result, all trades must be settled to be eligible, which usually occurs on the third business day after the trade was executed. The Company cannot ensure that shares purchased on a particular date will settle by the close of business on the record date, so CLX encourages anyone interested in participating in the dividend to speak to their broker or other qualified investment representative. To sign up to receive information by email directly from CLX Investment Company when new press releases, investor newsletters, SEC filings, or other information is disclosed, please visit http://www.clxinvestments.com/email.asp. About CLX Investment Company CLX Investment Company (www.clxinvestments.com) has elected to be regulated reg·u·late tr.v. reg·u·lat·ed, reg·u·lat·ing, reg·u·lates 1. To control or direct according to rule, principle, or law. 2. as a Business Development Company pursuant to Section 54 of the Investment Company Act of 1940, and is pursuing a business plan wherein where·in adv. In what way; how: Wherein have we sinned? conj. 1. In which location; where: the country wherein those people live. 2. the Company seeks to acquire and invest in developing companies. CLX acquired a 49% interest in eStrategy Solutions (http://www.estrategysolutions.com) and has made an investment in ActionView International, Inc., a publicly traded manufacturer and marketer of scrolling (chat, games) scrolling - To flood a chat room or Internet game with text or macros in an attempt to annoy the occupants. This can often cause the chat room to be "uninhabitable" due to the "noise" created by the scroller. Compare spam. advertising billboards. All statements included in this release, including statements regarding potential future plans and objectives of CLX Investments are 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. . Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond CLX Investments' control. There can be no assurance that such statements will prove accurate. Actual results and future events could differ materially from those anticipated in such statements depending on many factors. Historical results are not necessarily indicative of future performance. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion