CyberAmerica Corporation Confirms Record Date for Dividend to CYAA Shareholders of Shares in Professional Wrestling Alliance Corporation.Business Editors SALT LAKE CITY--(BUSINESS WIRE)--Jan. 20, 2000 CyberAmerica Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CYAA) Thursday confirmed the record date for its intended dividend of stock in Professional Wrestling Alliance Corp. (OTC BB:PWAA PWAA Phoenix Wright: Ace Attorney (game) PWAA Project Work Authorizing Agreement PWAA Piney Woods Apartment Association (Nacogdoches, TX) PWAA Project-Wide Activity Area ), which was previously announced on Dec. 2, 1999. The confirmed record date for the dividend is Jan. 28, 2000. No payable date for the dividend has been set yet, pending arrangements with its transfer agent and receipt of an opinion letter from counsel regarding the dividend. CYAA plans to issue the stock dividend in PWAA as follows: 1 restricted share of PWAA for every 2 shares of CYAA held by its shareholders on Jan. 28, 2000, the record date. The issuance of the stock dividend is subject to CYAA's board of directors obtaining the necessary legal assurances from a qualified securities attorney that the stock distribution can be accomplished in compliance with all applicable state and federal securities laws. CYAA is a diversified holding company that specializes in investing and developing undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. real estate and providing financial consulting services to public and private companies. For more information on CyberAmerica's real estate holdings please visit www.cyaa.com. For more information on CyberAmerica's consulting service please visit www.hudsonconsult.com. CyberAmerica strongly encourages that the above information be read in conjunction with its Dec. 31, 1998 Form 10KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. and its Sept. 30, 1999 Form 10QSB QSB Fading QSB Qualified Small Business (IRS category) QSB Queen Street Backpackers (Auckland, New Zealand) QSB Quality System Basics QSB Qualified Supplemental Benefit QSB Quantum Singleton Bound . CyberAmerica would also encourage investors to read the above information in conjunction with PWAA's (fka Jutland Enterprises Inc.) Dec. 31, 1998 Form 10KSB, Sept. 31, 1999 Form 10QSB and PWAA's Form 8K filed on Dec. 2, 1999. The above documents can be viewed at www.sec.gov. A number of statements contained in this press release are forward-looking statements which are made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions 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. These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results that CYAA may achieve may differ materially from any forward-looking statements due to such risks and uncertainties. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion