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PLAYORENA EXTENDS EXPIRATION OF OUTSTANDING WARRANTS TO PURCHASE SHARES OF COMMON STOCK TO JAN. 16, 1995

 PORT WASHINGTON, N.Y., Jan. 6 /PRNewswire/ -- Playorena Inc. (PLEX) announced today that it had extended the expiration of its presently outstanding warrants to purchase shares of its Common Stock to the close of business on Jan. 16, 1995. Each warrant entitles the holder thereof to purchase one share of Common Stock at a price of $1.25 per share. The exercisability of the warrants as so extended, is subject to the filing and effectiveness of a registration statement under the Securities Act of 1933, as amended, covering the offer and sale of the shares of Common Stock underlying the warrants as well as appropriate filings under applicable state securities or "blue sky" laws. The other terms of the warrants will not be affected by the extension of the expiration date.
 Playorena operates parent-child play and exercise centers.
 -0- 1/6/94
 /CONTACT: Fred Jaroslow of Playorena, 516-883-7529/


CO: Playorena Inc. ST: New York IN: SU:

SH-LG -- NY040 -- 9699 01/06/94 10:54 EST
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Publication:PR Newswire
Date:Jan 6, 1994
Words:165
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