Evelo Biosciences (NASDAQ:EVLO)
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Evolve One 8 For 1 Forward Stock Split Revised to Be Quoted, on a
Post-Split Basis as of Tuesday, December 7th, 2004
The Record Date for the Split Is to Remain Friday, December 3rd, 2004
BOCA RATON, Fla., Nov. 30 /PRNewswire-FirstCall/ -- Evolve One, Inc.
(OTC:EVLO) (BULLETIN BOARD: EVLO) announced today that the Board of Directors
has approved an 8 for 1 forward stock split of the Company's common stock
increasing the outstanding shares from 3,266,304 to approximately 26,130,432
shares, subject to rounding. The record day for the split is Friday, December
3rd, 2004 with the distribution date set at the close of business, Monday,
December 6th, 2004. The Company's common stock will be quoted, on a post-split
basis, as of Tuesday, December 7th, 2004. The Company has previously mailed an
information statement to its stockholders notifying the stockholders as to this
action, which does not require shareholders to take any further action.
Existing certificates representing pre-split shares should not be destroyed or
returned to the company and will continue to represent the same number of
shares indicated. New certificates representing the additional shares of
common stock will be mailed on the distribution date by the Company's transfer
agent without any action by the stockholders. The split will involve no change
in Evolve One's CUSIP number or its trading symbol.
About Evolve One, Inc.
Evolve One, Inc. ("EVLO") is a holding company that develops and operates
Internet and direct retail marketing companies. EVLO includes wholly-owned
subsidiaries, StogiesOnline.com, Inc., A1Discount Perfume, Inc.,
AuctionStore.com and International Internet Venture I, LLC.
This press release contains forward looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such,
may involve risks and uncertainties. Forward-looking statements, which are
based on certain assumptions and describe future plans, strategies, and
expectations, are generally identifiable by the use of words such as "believe",
"expect", "intend" "anticipate", "estimate", "project", or similar expressions.
These forward-looking statements relate to, among other things, expectations
of the business environment in which the Company operates, projections of
future performance, potential future performance, perceived opportunities in
the market, and statements regarding the Company's mission and vision. The
Company's actual results, performance, and achievements may differ materially
from the results, performance, and achievements expressed or implied in such
forward-looking statements due to a wide range of factors which are set forth
in our annual report on Form 10-KSB on file with the SEC.
For further information, contact Gary J. Schultheis (561) 988-0819
DATASOURCE: Evolve One, Inc.
CONTACT: Gary J. Schultheis of Evolve One, Inc., +1-561-988-0819