Carbite Golf Inc. Announces That It Has Reserved 996,579 Options.SAN DIEGO--(BUSINESS WIRE)--Nov. 3, 1998--Carbite Golf Inc. (VcSE:CAB) wishes to announce that it has reserved 996,579 options for its directors, insiders, employees and consultants, exercisable for a five-year period at a price of $0.60 per share, subject to shareholders' and regulatory approval. Carbite Technology is based on advanced powder metallurgy powder metallurgy Fabrication of metal objects from a powder rather than casting from molten metal or forging at softening temperatures. In some cases the powder method is more economical, as in making metal parts such as gears for small machines, in which casting would which allows molecular bonding of dissimilar materials. The patented technology permits golf club designs with a "material advantage" that dramatically increases putter moment of inertia inertia (ĭnûr`shə), in physics, the resistance of a body to any alteration in its state of motion, i.e., the resistance of a body at rest to being set in motion or of a body in motion to any change of speed or change in direction of and maintains optimum back spin from wedges and irons. For more information, contact Mr. Randie Burrell of Carbite Golf located at 6330 Nancy Ridge Drive, Suite 107, San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. , 92121 U,S.A., Telephone: 619/625-0065 or Fax: 619/625-0752. This news release was prepared on behalf of the board of directors of the undersigned un·der·signed adj. 1. Having signatures or a signature at the bottom or end. Used of documents. 2. Signed or having signed at the bottom or end of a document: who accepts full responsibility for its contents. ON BEHALF OF THE BOARD Michael SPACCIAPOLLI, President The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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