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CONTINUUM GROUP STOCKHOLDERS APPROVE 2-FOR-3 REVERSE STOCK SPLIT

 CRANFORD, N.J., July 29 /PRNewswire/ -- The Continuum Group, Inc. (OTC Bulletin Board: CTUG), today announced that the stockholders of the company have approved a two-for-three reverse stock split whereby every three shares of common stock, $.01 par value, currently outstanding will be converted into two shares of common stock, $.015 par value. The reverse stock split will be effective on Aug. 3, 1993. Fractional shares will be rounded to the nearest whole number. In addition, the stockholders approved the election of directors and stock option plans for employees and directors.
 The company is a record company engaged in the acquisition, production, marketing and distribution of recorded music.
 -0- 7/29/93
 /CONTACT: Theodore Weis, Esq., vice president-business affairs of the Continuum Group, 908-709-0011/
 (CTUG)


CO: The Continuum Group, Inc. ST: New Jersey IN: ENT SU:

SM-GK -- NY071 -- 7242 07/29/93 13:17 EDT
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Publication:PR Newswire
Date:Jul 29, 1993
Words:145
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