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SSTY Safestay Plc

20.00
0.00 (0.00%)
Last Updated: 08:00:29
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Safestay Plc LSE:SSTY London Ordinary Share GB00BKT0J702 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.00 19.00 21.00 20.00 20.00 20.00 18,491 08:00:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Hotels And Motels 19.15M -282k -0.0043 -46.51 13M

SSTY Clarifies Ex-Dividend Date for Shares of SSTY to Qualify for Distribution of ONTV, Inc. Shares

25/04/2006 8:02pm

PR Newswire (US)


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BEIJING and PHILADELPHIA, April 25 /PRNewswire-FirstCall/ -- Sure Trace Security Corporation (OTC:SSTY) previously announced that it has acquired the controlling interest in ONTV, Inc., which is being renamed True Product ID, Inc. (TPID) (OTC:ONTV) (BULLETIN BOARD: ONTV) , and that it would be issuing a dividend of those shares to its shareholders. On April 20, 2006 and on other prior occasions, it stated the Company's expectation was that the NASD would declare an ex-dividend date of April 25, 2006, as requested by the Company for the ONTV shares. Today the Company's attorneys have confirmed that they now expect, as per the applicable regulatory standards, the NASD to set an ex-dividend date of May 8, 2006. Prior to that date, the Company attorneys will deliver a letter of instructions to the transfer agent to be delivered to shareholders which will also include instructions to the shareholders from the transfer agent regarding the implementation procedures. Copies of these instructions, forms and other pertinent details will be released (and be available for downloading) prior to the distribution date on the Company's website. About Sure Trace Security Corporation Sure Trace produces integrators for anti-counterfeiting and security surveillance applications and is a provider of integrated tracking devices. ONTV, Inc./True Product ID (TPID) (OTC:ONTV) (BULLETIN BOARD: ONTV) , is a majority- owned subsidiary of Sure Trace Security Corporation (OTC:SSTY) which, via a license from Sure Trace, delivers turnkey solutions for governments, armed forces, and industry, through proprietary technology and through aggregating the technology, products, and services of third parties via licensing agreements and/or joint ventures. In addition to a license from SSTY, TPID will also be providing the day-to-day operational duties and R&D for SSTY's wholly owned subsidiary, Globe Staff Consulting Corp. (Pink Sheets: PSRE). For more information go to: http://www.suretrace.com/. SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that our products may not achieve customer acceptance or perform as intended, that we may be unable to obtain necessary financing to continue operations and development, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof and Sure Trace undertakes no obligation to update such statements. In August 2005, the common stock of Sure Trace was suspended from trading by the Securities and Exchange Commission, but the suspension ended in accordance with the securities laws after ten days. Management of Sure Trace is currently working with the broker-dealer community and regulators to permit quotations to be entered as soon as possible. More information will be provided to the public when circumstances warrant. DATASOURCE: Sure Trace Security Corporation CONTACT: Michael Cimino, President, Sure Trace Security Corporation, +1-215-972-6999, or Web site: http://www.suretrace.com/

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