Life Partners Holdings, Inc. Announces NASDAQ Symbol Change; IGE, Inc. 20 for 1 Reverse Split Now Effective.Business Editors WACO, Texas--(BUSINESS WIRE)--Feb. 8, 2000 Life Partners Holdings, Inc. (formerly IGE IgE abbr. , Inc.) (Nasdaq:IGEE IGEE - Industrial-strength Graphics and Engineering Environment immunoglobulin E IGEE - Institut en Génie de l’Énergie Électrique IGEE - Institut Génie de l'Environnement Ecodéveloppement IGEE - Institute for Global Engineering Education IGEE - Institution Gouvernementale Exploitée par un Entrepreneur IGEE - Interactive Grid-Enabled Environment IGEE - Interessengemeinschaft Eitensheimer Eltern eV IGEE - International Gaming & Entertainment Expo) announced the change of its NASDAQ symbol from &uot;IGEE&uot; to &uot;LPHI LPHI - Laguna Properties Holdings, Inc. (Philippines) LPHI - Lembaga Pengkajian Hukum Internasional LPHI - Lender Placed Hazard Insurance (mortgages) LPHI - Louisiana Public Health Institute LPHI - Low-Pressure High-Intensity&uot; effective at market opening on February 9, 2000. All outstanding IGEE shares must be redeemed for LPHI shares at a rate of 20 IGEE shares for each LPHI share. On November 30, 1999, the shareholders of IGE, Inc. approved a 20-1 reverse split in order to accommodate the share exchange whereby IGE acquired 100% of the common stock of Life Partners, Inc. (LPI) in exchange for 95% of IGE's authorized 10 million shares. In connection with the share exchange, IGE changed its name to Life Partners Holdings, Inc. (&uot;LPHI&uot;). The 500 thousand post-split IGE, Inc. shares will start trading under the new symbol (&uot;LPHI&uot;) effective tomorrow -- February 9, 2000. The remaining 9.5 million shares used in the share exchange are restricted and are not trading at this time. |
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