World InterNetworks Executes Four-To-One Reverse Stock Split | Internet News

World InterNetworks Executes Four-To-One Reverse Stock Split

Written By
Steve Harmon
Steve Harmon
Sep 8, 1998
1 minute read

E-commerce firm World InterNetworks Inc., formerly Wealth
International, announced a four-to-one reverse split of the company’s common
stock for all shares issued or transacted prior to close of business on
September 4.


Shareholders of record as of the aforementioned date will receive one share of
common stock of World InterNetworks Inc. (New CUSIP No. 9814G 20 0) in
exchange for every four shares of common stock of the company presented. The
exchange will be effected through Standard Registrar & Transfer of Draper, UT.


World InterNetworks Inc. is a diversified electronic commerce company, which
through its subsidiaries–WI Marketplace, Global Media Group and Global
Wholesale Exchange–is committed to capitalizing on growing commercial
trends evolving online. The company operates a virtual mall called WI Marketplace.


Its new symbol is WINWD. The company’s stock closed Friday at $4.50,
unchanged.

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