RONKONKOMA, N.Y., March 10, 2004 (PRIMEZONE) -- Trans Max Technologies, Inc. (OTCBB:TMXT) today announced that it amended its articles of incorporation filed with the State of Nevada to reflect a 6:1 forward stock split and to increase its authorized shares of common stock to five hundred million (500,000,000).
The record date of the forward stock split is March 2, 2004. The forward stock split is payable on March 11, 2004, and will be mailed on such date. The company will instruct its transfer agent to mail a stock certificate with five new shares for every one share of Trans Max Technologies, Inc. held by shareholders of record as of the record date.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "will," "anticipated," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. Trans Max Technologies, Inc. takes no obligation to update or correct forward-looking statements and also takes no obligation to update or correct information prepared by third parties which is not paid for by the Company.