Electric City Announces a Notice to Shareholders.ELK GROVE VILLAGE Elk Grove Village, village (1990 pop. 33,429), Cook and Du Page counties, NE Ill., a suburb of Chicago; inc. 1956. With a population of c.100 at the time of its establishment on open farmland, the village has grown dramatically and steadily, largely because of its , Ill.--(BUSINESS WIRE)--July 9, 1999-- Electric City Corp. (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. : ECCC ECCC Electronic Colloquium on Computational Complexity ECCC East Central Community College ECCC Electronic Commerce Council of Canada ECCC Eastern Collegiate Cycling Conference ECCC European Communities Chemistry Council ECCC Essex County Cricket Club ) announces today that the Board of Directors, on July 8, 1999, approved a two (2) share for one (1) share forward split which will be effected of the 30th day of July 1999 for all shareholders of record at the close of business on July 29, 1999. As of July 30th, each shareholder will be deemed to own two shares of common stock for each share issued and additional certificates to the shareholders which certificates will be mailed within 10 days after the record dates to the record shareholders. Except for the historical information contained herein, 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 Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors 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. created thereby. The Company's future actual results could differ materially from the forward-looking statements discussed herein. |
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