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EQUITY AU INC. Announces a 100-to-1 Reverse Split of its Shares.


MENA MENA Middle East & North Africa
MENA Middle East News Agency (Arabic Wikalat Al-Anbaa' Al-Sharq Al-'awsat)
MENA Medium-Energy Neutral Atom
MENA Mammalian Enabled
MENA Mission Element Need Analysis
, Ark.--(BUSINESS WIRE)--Oct. 14, 1997--EQUITY AU INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 BB:EQAU) announced a 100-to-1 reverse split of its shares.

The company now has 11 million shares of which approximately 550,000 shares are freely trading in public hands. EQUITY AU INC. has 762 share holders. EQUITY AU INC. has acquired 55 acres of mining property, 35 acre Mill and Laboratory site with rolling stock rolling stock

Any of various readily movable transportation equipment such as automobiles, locomotives, railroad cars, and trucks. Rolling stock generally makes good collateral for loans because the equipment is standardized and easily transportable among
. The mining property is located near Mena with Mining Permits and is worth approximately $10 million.

EQUITY AU INC. has also acquired 100,000 tons of mined, unprocessed gold ore with a value of .30 to .50 oz per ton mined at the Glory Hole glory hole
Noun

an untidy cupboard or storeroom

Noun 1. glory hole - a small locker at the stern of a boat or between decks of a ship
lazaretto
 (One Of The Richest Mines In The World) Central City, Colo. valued at $7.5 million net after processing.

For further information, James Arch, president, EQUITY AU INC., 119 Gold Lane, Mena, AR 71953, Telephone Number 407/647-3952 and John Weil Co., Fort Lauderdale, Fla., Telephone Number 954/566-6163.

CONTACT: EQUITY AU INC, Mena

James Arch, president

407/647-3952

and

John Weil Co., Fort Lauderdale, Fla.

954/566-6163
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 14, 1997
Words:178
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