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New Wave and Playstar engage in final discussions to merge and create a dominant worldwide SMS corporation
Friday May 11, 5:07 pm ET
TORONTO, May 11 /PRNewswire-FirstCall/ - New Wave Media Inc. (OTC: NWWV.PK - News) - is pleased to announce the framework for an agreement with Playstar Corp. (OTC: PLYCF.PK - News) to merge the 2 entities. Playstar shareholders will receive .8 of a share and New Wave shareholders 1 full share in the merged entity
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The merged entity would fall under the New Wave umbrella and all financial audited statements of New Wave would be filed and the merged entity will file for an OTCBB listing once all paperwork is complete. Once the merger is complete the new entity will have a corporate structure of 334 million shares outstanding. There will be a shareholder meeting to increase the authorized to 400 million with no further increase needed for the foreseeable future. An Executive Stock Options Plan, Warrants, and a Performance Based Options Plan will also be announced after the merger is complete.
Stewart Garner, President of Playstar stated: "These are exciting times upon us, what we have created is the ability to take Playstar's multiple proprietary platforms and merge it with New Wave's joint venture partners throughout the world and create a substantial player in this growing sector. This merged entity will be worked on by our lawyers and we aim to close in the next 60 days. A New Wave, Playstar merger would allow both companies to operate under one roof resulting in streamlined processes, shared resources and a reduction in overhead."
When asked to comment on the merger Marc Askenasi, President of WagerPhone Inc. stated: "The ability to expand our global reach by adding new products to our portfolio is a great opportunity for our company. The New Wave, Playstar merger will assist us in achieving our financial and strategic growth objectives."
Any new developments within either corporation will be released jointly. Both corporations continue to work on business development and acquisition opportunities and look forward to sharing these developments in the near future.
New Wave Media Inc. currently has 137,000,000 restricted and 117,000,000 free trading shares for a total of 254,000,000 and the transfer agent is Transfer Online of Portland, Oregon. Total authorized is 260,000,000 shares. Playstar Corp. also uses Transfer Online and its authorized and issued is 100,000,000.
This press release contains 'forward looking' statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and are subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in New Wave Mobile reports that will be on file with the US Securities and Exchange Commission.
Source: New Wave Media Inc.
Friday May 11, 5:07 pm ET
TORONTO, May 11 /PRNewswire-FirstCall/ - New Wave Media Inc. (OTC: NWWV.PK - News) - is pleased to announce the framework for an agreement with Playstar Corp. (OTC: PLYCF.PK - News) to merge the 2 entities. Playstar shareholders will receive .8 of a share and New Wave shareholders 1 full share in the merged entity
ADVERTISEMENT
The merged entity would fall under the New Wave umbrella and all financial audited statements of New Wave would be filed and the merged entity will file for an OTCBB listing once all paperwork is complete. Once the merger is complete the new entity will have a corporate structure of 334 million shares outstanding. There will be a shareholder meeting to increase the authorized to 400 million with no further increase needed for the foreseeable future. An Executive Stock Options Plan, Warrants, and a Performance Based Options Plan will also be announced after the merger is complete.
Stewart Garner, President of Playstar stated: "These are exciting times upon us, what we have created is the ability to take Playstar's multiple proprietary platforms and merge it with New Wave's joint venture partners throughout the world and create a substantial player in this growing sector. This merged entity will be worked on by our lawyers and we aim to close in the next 60 days. A New Wave, Playstar merger would allow both companies to operate under one roof resulting in streamlined processes, shared resources and a reduction in overhead."
When asked to comment on the merger Marc Askenasi, President of WagerPhone Inc. stated: "The ability to expand our global reach by adding new products to our portfolio is a great opportunity for our company. The New Wave, Playstar merger will assist us in achieving our financial and strategic growth objectives."
Any new developments within either corporation will be released jointly. Both corporations continue to work on business development and acquisition opportunities and look forward to sharing these developments in the near future.
New Wave Media Inc. currently has 137,000,000 restricted and 117,000,000 free trading shares for a total of 254,000,000 and the transfer agent is Transfer Online of Portland, Oregon. Total authorized is 260,000,000 shares. Playstar Corp. also uses Transfer Online and its authorized and issued is 100,000,000.
This press release contains 'forward looking' statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and are subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in New Wave Mobile reports that will be on file with the US Securities and Exchange Commission.
Source: New Wave Media Inc.
www.otcreporter.com
New Wave Media, Inc: Received four million eight hundred seventy thousand free trading shares from a third party. To date, four million eight hundred seventy thousand free trading shares have been sold.
Die Promotion wird über 30 Tage gehen
Das Unternehmen wurde mit 4.87M Aktien vergütet , welches die Aktien in den Markt hineinverkauft hat.
NWWV hat OTC-Reporter beauftragt damit noch mehr Investoren auf dieses kleine Unternehmen aufmerksam werden.
New Wave Media, Inc: Received four million eight hundred seventy thousand free trading shares from a third party. To date, four million eight hundred seventy thousand free trading shares have been sold.
Die Promotion wird über 30 Tage gehen
Das Unternehmen wurde mit 4.87M Aktien vergütet , welches die Aktien in den Markt hineinverkauft hat.
NWWV hat OTC-Reporter beauftragt damit noch mehr Investoren auf dieses kleine Unternehmen aufmerksam werden.
Die .019 zum heutigen Schluss war nicht nett.
Schau mer mal, ob wir im Rahmen von .019 und .025 bis zum Squeez bleiben.
Schau mer mal, ob wir im Rahmen von .019 und .025 bis zum Squeez bleiben.
Freunde von mir haben heute nochmal bei $.019 und $ .020 richtig aufgestockt.
21:39:08 0,0197 496000
21:37:58 0,0201 54000
21:37:19 0,0200 446000
die oben auggeführten Trades waren Crosstrades vom Unternehmen.
Morgen sollte es zur Entscheidung kommen....
Gruß the key
21:39:08 0,0197 496000
21:37:58 0,0201 54000
21:37:19 0,0200 446000
die oben auggeführten Trades waren Crosstrades vom Unternehmen.
Morgen sollte es zur Entscheidung kommen....
Gruß the key
NWWV NEWS 06/06/2007 14:22 EDT
New Wave Media Inc and Playstar announce immediate special 20% stock dividend to its shareholders
TORONTO, June 6 /PRNewswire-FirstCall/ - New Wave Media Inc (OTC:NWWV.PK) and Playstar Corporation (OTC:PLYCF.PK) are very pleased to announce a dividend to its shareholders of post merger shareholdings of 20% or 20 shares for every 100 shares owned in a new corporation to be formed, funded and listed on a foreign exchange. This new corporation will utilize part of the Wagerphone and Playstar properties to market a new product in a new market place.
The New dividend record date will be as of the close on June 19th 2007 and payable on or about July 12th 2007. A further release with the Ex dividend date will be forthcoming shortly.
Armando Russo states "Our shareholders have been patient and will be rewarded for this. This dividend will be paid by Transfer Online and we will have a news release next week to explain fully how to receive this special dividend and further information on the entity formed."
New Wave Mobile currently has 137,000,000 restricted and 117,000,000 free trading shares for a total of 254,000,000 and the transfer agent is transfer Online of Portland Oregon.
This press release contains "forward looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and are subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in New Wave Mobile reports that will be on file with the US Securities and Exchange Commission.
www.wagerphone.com
SOURCE New Wave Media Inc.
CONTACT: Denny Burns - (419) 951-4842
New Wave Media Inc and Playstar announce immediate special 20% stock dividend to its shareholders
TORONTO, June 6 /PRNewswire-FirstCall/ - New Wave Media Inc (OTC:NWWV.PK) and Playstar Corporation (OTC:PLYCF.PK) are very pleased to announce a dividend to its shareholders of post merger shareholdings of 20% or 20 shares for every 100 shares owned in a new corporation to be formed, funded and listed on a foreign exchange. This new corporation will utilize part of the Wagerphone and Playstar properties to market a new product in a new market place.
The New dividend record date will be as of the close on June 19th 2007 and payable on or about July 12th 2007. A further release with the Ex dividend date will be forthcoming shortly.
Armando Russo states "Our shareholders have been patient and will be rewarded for this. This dividend will be paid by Transfer Online and we will have a news release next week to explain fully how to receive this special dividend and further information on the entity formed."
New Wave Mobile currently has 137,000,000 restricted and 117,000,000 free trading shares for a total of 254,000,000 and the transfer agent is transfer Online of Portland Oregon.
This press release contains "forward looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and are subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in New Wave Mobile reports that will be on file with the US Securities and Exchange Commission.
www.wagerphone.com
SOURCE New Wave Media Inc.
CONTACT: Denny Burns - (419) 951-4842
Posted by: joseywalestx
In reply to: akhpp8395 who wrote msg# 3905
§Date:6/10/2007 8:57:37 AM
Post #of 3946
actually what happens is ,,,The paperwork for the dividend has to be submitted to the Nasdaq..This has already been done.The Nasdaq will at that point issue the X date. That is the time frame that you must own the stock buy to take advantage of the dividend.That should be done by Tuesday at the latest..
In reply to: akhpp8395 who wrote msg# 3905
§Date:6/10/2007 8:57:37 AM
Post #of 3946
actually what happens is ,,,The paperwork for the dividend has to be submitted to the Nasdaq..This has already been done.The Nasdaq will at that point issue the X date. That is the time frame that you must own the stock buy to take advantage of the dividend.That should be done by Tuesday at the latest..
Na hier geht was oder ,denkst du wirklich nioch das was kommt in Wo Board haben j einige gemerkt das es Bullshit ist und sind ausgestiegen
Ja NWWV wird massiv abgehen!
Auch wenn andere Leute es anders sehen!
Gruß ST99
Auch wenn andere Leute es anders sehen!
Gruß ST99
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| Wertung | Antworten | Thema | Verfasser | letzter Verfasser | letzter Beitrag | |
| 22 | NWWV $.022 Vor Shortsqueeze! | thekey | Steahlf99 | 30.11.07 00:05 | ||
| 1 | NeWave: Heisser Smallcap | lancerevo7 | lancerevo7 | 09.04.06 17:51 |
