Printer Friendly

WELCOM CAPITAL ANNOUNCES REVERSE STOCK SPLIT

 WELCOM CAPITAL ANNOUNCES REVERSE STOCK SPLIT
 NEWPORT BEACH, Calif., April 24 /PRNewswire/ -- The board of


directors and the management of Welcom Capital Inc. (OTC Bulletin Board: WLCC) announced today the reversal of all of the their outstanding shares of common and preferred stock and warrants on a one-for-10 basis. This action is subject to the approval of the shareholders of Welcom Capital Inc. A special meeting of the shareholders has been called for May 11, 1992 at 10 a.m. in the offices of Welcom Capital Inc.
 Welcom Capital Inc. has just completed a certified audit through Fiscal 1991, and is in the process of completing 1992 to bring all required financial records current to government standards.
 In other actions, the company also announced that it has been approached to consider a possible merger with a manufacturer of medical diagnostic equipment. Welcom Capital Inc. is in the business of health management and the sale of health related nutrition and homeopathic products. The company is proposing to establish private label product lines of natural health food supplements produced by a major pharmaceutical firm to pharmaceutical quality standards registered by the FDA. The health product and related health management programs are designed for the physical fitness, martial arts, and general athletic markets. Welcom Capital Inc. also plans to distribute an Electro-Dermal system for use in health screening for humans and a veterinary version for screening of animals.
 Welcom Capital Inc., 110 Newport Center Dr., Suite 200, Newport Beach, CA 92660, 714-640-7370.
 -0- 4/24/92
 /CONTACT: Emery Rose of Welcom Capital, 714-640-7370, or Bob Adsit of Market Solutions, 303-797-7545, for Welcom Capital/
 (WLCC) CO: Welcom Capital Inc. ST: California IN: HEA SU:


AL -- LA011 -- 2325 04/24/92 09:54 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 24, 1992
Words:289
Previous Article:ARMCO ANNOUNCES DIVIDEND
Next Article:XEROX TAKING ACTIONS TO BECOME LARGEST, MOST PROFITABLE COMPANY IN THE GLOBAL DOCUMENT MARKET


Related Articles
BARRISTER ANNOUNCES REVERSE STOCK SPLIT AND CONVERSION OF PREFERRED B STOCK INTO COMMON STOCK
PUERTO RICO NEGOTIATES WITH WELCOM CAPITAL LTD.
NEW VISTAS TO MANUFACTURE HOMEOPATHICS IN IRELAND
HALLMARK HEALTHCARE ANNOUNCES EFFECTIVE DATE FOR REVERSE STOCK SPLIT
SURETY CAPITAL CORPORATION ANNOUNCES STOCKHOLDERS APPROVE REVERSE STOCK SPLIT
ENERCORP REVERSE SPLIT APPROVED BY SHAREHOLDERS
Cooper Development Plans Reverse Stock Split
Shiva LanRover Access Switch and LanRover/PLUS to Enable Face-To-Face Global Video Communications Network
Rampart Capital Corporation Increases Cash Out Price for Previously Announced Transaction to Take the Company Private and Sets New Annual Meeting and...
Ashlin Development Corporation Announces Reverse Stock Split 1 for 1.249419586 Split Ratio.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters