TMCnet News
Telatinos Inc. Announces Effective Five for One Forward Split; New Trading Symbol TLTDMIAMI --(Business Wire)-- Dec. 29, 2004 -- Telatinos Inc. (OTC:TLTD), a Latin American VoIP and network communications service provider, today announced that the Company has successfully forward split its common stock at a ratio of five shares for each one share owned as of the record date of December 28, 2004. The Company additionally received notification from the National Association of Securities Dealers, Inc. (NASD) that as a result of this 5:1 split, the CUSIP number and corresponding trading symbol for its common stock have been changed. As of December 29, 2004, the shares of the company will trade under the symbol "TLTD." In addition to the symbol change, the CUSIP for the new shares will be CUSIP #879195-303. Shareholders as of the record date are not required to take any action in order to receive the new shares. About Telatinos Inc. Telatinos is an emerging Latin American ISP and communications service provider offering full-featured, cost-effective, high-quality local, long distance and international telephone services -- including 911 and E911 -- to both businesses and private residences in Latin America. Learn more about our Company at www.telatinos.com Forward Looking Statement This release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including: business and economic conditions and growth trends in the VOIP industry and Latin America; in the geopolitical environment; overall information technology spending; the growth of the Internet; levels of capital spending on Internet-based systems and other risk factors. Telatinos results of operations are not necessarily indicative of Telatinos operating results for any future periods. |
