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InfoSonics to Split 2 for 1 |
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Wednesday, 31 May 2006 |
InfoSonics to Split 2 for 1
 NEW YORK, NY, (NAMC) – The board of directors of InfoSonics (AMEX: IFO) have approved a 2 for 1 stock split that will be effective June 19, 2006. This will be payable to shareholders of record as of June 9, 2006.
We have featured InfoSonics as one of Wall Street to Main Streets “Furious Five” picks at $17.00 a share. After the split the company will have 13.8 million shares outstanding, they currently have 6.9 million shares outstanding.
Even after the split InfoSonics will be one to watch in 2006. Click here for your free subscription to Wall Street to Main Street from the NAMC Newswire, delivered to investors daily. www.namcnewswire.com This article can be republished either online or in print as long as credit is given to the author and the NAMC Newswire. NAMC Newswire articles can now be listened to on StreetIQ.com http://www.streetiq.com/dir/NAMC.shtmlTo keep up to date with companies that we report on just register to receive the FREE Wall Street to Main Street Daily Newsletter. We feature companies that trade on the NYSE, AMEX, NASDAQ, OTCBB and Overseas, Keeping our readers informed daily. Just go to our site and register, it’s simple and free, www.namcnewswire.com/newsletter . Also be sure to visit the NAMC radio at www.namcnewswire.com/namcradio for the latest reports, interviews and corporate updates featured on the NAMC Newswire. |
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