Summus Works (SMMW.PK) Diese Rakete zündet bald!! - 500 Beiträge pro Seite

[gino]

Press Release Source: Summus Works, Inc.


Summus Works, Inc. Board Approves $400,000.00 Increase in VVV Buy Back Program
Thursday July 27, 8:05 am ET


Commitment to Long Term Shareholder Value "Unwavering"


DENVER, CO--(MARKET WIRE)--Jul 27, 2006 -- Summus Works, Inc. (Other OTC:SMMW.PK - News) announced that in a special meeting, its Board of Directors unanimously approved a $400,000.00 increase to the Company's previously announced VVV buy back program to ensure "long term shareholder value, efficiently complete pending and future mergers and acquisitions, and foster visibility, volume and value to continue to attract and facilitate the ideal opportunities for the Company's future growth."
The now approved buy back of up to $1,148,000.00 of Company common stock will continue to be implemented at the price per share relative to Buyins.net's calculated "SqueezeTrigger."

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Management reiterated that the Board's decision to implement and increase the VVV buy back with financing secured personally by Company officers and members of the Board, undeniably displays its commitment to increasing shareholder value and guaranteeing the maximum potential for the Company's future growth.

"The Board recognized this opportune time to implement and expand the Company's share repurchase initiative. Its continuation in respect to the SqueezeTrigger price and other preventative measures challenging abusive short selling activities will further ensure our ability to attract and execute ideal opportunities for growth into the future," said Summus Works President Dan Burgess.

Summus Works, Inc. (Other OTC:SMMW.PK - News) is a multi-media holding company with interests in outdoor sports, retail, e-tail, print, web, television and film. For more information on the company or its outdoor sports and media subsidiaries, visit www.summusworks.com.

This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.



Contact:
Investor Relations Contact:
SmallCapVoice.com
Stuart T. Smith
512-267-2430
Email Contact

Company Contact:
Summus Works, Inc.
Dan Burgess
888-607-9495
Email Contact



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Source: Summus Works, Inc.

[alysant]

Wo bleibt die Zündung ?

Tippe auf Rohrkrepierer !

[ditano]

wat ist eigentlich aus der divi geworden???
ich hab noch nichts!