Natural Health Trends Corp. Announces Results of Annual Meeting.Business Editors/Health/Medical Writers DALLAS--(BUSINESS WIRE)--March 13, 2003 Natural Health Trends Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NHTC NHTC National Heat Transfer Conference NHTC Nuclear Hazards Training Course ) announced today that each of the five proposals presented before the shareholders at its annual meeting were overwhelmingly approved, including a 1-for-100 reverse stock split with respect to our shares of common stock. Mark Woodburn, President of NHTC stated, "We greatly appreciate the confidence our shareholders have shown in supporting us. We are optimistic that with the steps taken yesterday we will be able to continue to grow the Company and to enhance shareholder value. It is anticipated that the 1-for-100 reverse stock split will be effective at the commencement of trading on March 19, 2003." About Natural Health Trends Corp. Natural Health Trends Corp. is a holding company for two operating subsidiaries, ekaire.com, Inc. that sells nutritional supplements Nutritional Supplements Definition Nutritional supplements include vitamins, minerals, herbs, meal supplements, sports nutrition products, natural food supplements, and other related products used to boost the nutritional content of the diet. and vitamins and Lexxus International, Inc. Lexxus, started in January 2001, markets and sells quality-of-life products. Investors looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. information pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to Natural Health Trends Corp. or any of its subsidiaries are encouraged to look up http://www.nhtc.ws on the Internet or by contacting Investor Relations Investor relations The process by which the corporation communicates with its investors. Services, Inc. at 386.409.0200 or on the Internet at http://www.invrel.net. Shareholders are encouraged to register for updated information on the corporation via e-mail at the website. 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. Statement Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning 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. Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion