Business News
NexxNow, Inc. Restates Reduced Amount of Shares Issued and Outstanding: 12,251,831
2008-08-07 13:00:00
NexxNow, Inc. Restates Reduced Amount of Shares Issued and Outstanding: 12,251,831
BUFFALO, N.Y., Aug. 7 /EMWNews/ -- NexxNow, Inc. (OTC Bulletin Board: NXXN), a sports media and marketing company announced today that it has restated its total shares outstanding to 12,251,831 in addition to 2,250,000 shares that can be issued based upon executive performance. Transactions related to the Company's share exchange agreement and executive employment contract representation caused NexxNow to previously reflect 14,505,941 million shares outstanding. Paul Riley, CEO of NexxNow stated, "We wanted to take this opportunity to inform the investing public of this change."
About NexxNow, Inc. (OTC Bulletin Board: NXXN)
NexxNow, Inc. is a diversified Sports Media and Marketing Company that
provides technologically powered multi-media ad platforms to
National/International Advertisers. NexxNow China, Inc. (Subsidiary) is
pursuing the television broadcast of professional sporting events to and
from China.
Information on the company and a fact sheet can be found on
http://www.nexxnow.com.
Forward Looking Statement:
This release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. All forward-looking
statements are inherently uncertain as they are based on current
expectations and assumptions concerning future events or future performance
of the company. Readers are cautioned not to place undue reliance on these
forward-looking statements, which are only predictions and speak only as of
the date hereof. In evaluating such statements, prospective investors
should review carefully various risks and uncertainties identified in this
release. These risks and uncertainties could cause the company's actual
results to differ materially from those indicated in the forward-looking
statements.
CONTACT INFORMATION:
Market Vision Consulting, Inc.
Robert Gartzman
Phone (561) 447-7177
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