Published:
IDS Worldwide, Inc. Receives NASDAQ Approval to Begin Trading Under New Symbol IDWD
IDS Worldwide, Inc. Begins Trading Under New Symbol
IDS Worldwide, Inc. (OTC: IDWD) today has begun
trading under the new symbol assigned by NASDAQ (IDWD). In conjunction with
this name change, CUSIP Number change and Trading Symbol change is a
mandatory call by the DTC of all common stock of the old CUSIP Number. This
mandatory call will not affect IDS shareholders holding stock in their
brokerage accounts. Only brokerage customers who have borrowed the stock
must now close and balance these transactions.
This mandatory call will allow IDS to determine the exact number of common
shares to receive the special one time dividend related to the buyout of
the Company's HLS Division. IDS will maintain ownership in the new entity
owning the HLS division so this accurate count of common stockholders and
audit of the breakout of the HLS division is necessary to determine the
final valuation of the special dividend.
For further information: http://www.ids-worldwide.com and
http://www.995ad.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995. Statements in this
release that are forward-looking statements are based on current
expectations and assumptions that are subject to known and unknown risks,
uncertainties, or other factors which may cause actual results,
performance, or achievements of the company to be materially different from
any future results, performance, or achievements expressed or implied by
such forward-looking statements. Actual results could differ materially
because of factors such as the effect of general economic and market
conditions, entry into markets with vigorous competition, market acceptance
of new products and services, continued acceptance of existing products and
services, technological shifts, and delays in product development and
related product release schedules, any of which may cause revenues and
income to fall short of anticipated levels. All information in this release
is as of the date of this release. The company undertakes no duty to update
any forward-looking statement to conform the statement to actual results or
changes in the company's expectations.
Distributed by Market Wire
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