Shareholders of Evans Environmental Corp. approve one-for-four reverse split.MIAMI--(BUSINESS WIRE)--Dec. 27, 1995--Evans Environmental Corp. ("Evans" or the "Company") (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 :ECOS ECOS Environmental Council of States ECOS Embedded Cygnus Operating System ECOS European Environmental Citizens' Organisation for Standardisation ECOS Commission for Economic and Social Policy ECOS Eastern Canada Orchid Society ECOS Evolving Connectionist System ) announced that, at a special meeting, its shareholders have approved a one-for-four reverse split of its Common Stock. The shareholders also approved an increase of the authorized capitalization of the company to 25 million post-split shares. Effective with the opening of the securities markets on Jan. 2, 1996, the new post-split shares will trade. The new Common Stock will have a par value of 12 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. rather than the 3 cents per share par value of the pre-split shares. Effective Dec. 26, 1995, Evans stock resumed trading on the NASDAQ SmallCap Market due to the reinstatement ordered by the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). Hearing Review Committee on Dec. 22, 1995. Evans is an emerging leader in providing innovative environmental consulting, management and laboratory services to the U.S. market. It specializes in providing solutions to environmental problems such as contaminated contaminated, v 1. made radioactive by the addition of small quantities of radioactive material. 2. made contaminated by adding infective or radiographic materials. 3. an infective surface or object. soil and water, underground storage tanks, asbestos contamination, lead based paint contamination, and wetland, or endangered habitat management. Evans, through its ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. Cable Products Inc. subsidiary, also provides products and services to the cable television industry, including remote control units, fiber optic interface units and other cable television equipment. CONTACT: Evans Environmental Corp., Miami Scott E. Salpeter, Chief Financial Officer, or Kelly Evans, Secretary, 305/374-8300 |
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