TMCnet News
Wireless Frontier Internet Announces Completion of the Two-For-One Forward Stock Split FORT STOCKTON, Texas --(Business Wire)-- April 1, 2004 -- Wireless Frontier Internet (Pink Sheets:WFRI), a leader in wireless broadband Internet technology, announced today that it has completed a two-for-one common stock split. The stock split was implemented in the form of a stock dividend of one share of Wireless Frontier Internet Common Stock for each share of common stock outstanding to stockholders of record on March 20, 2004. The stock dividend was paid on March 31, 2004, which was the effective date of the split. Wireless Frontier Internet now has approximately 55 million shares outstanding.About Wireless Frontier Internet Inc. Wireless Frontier Inc. is a provider of wireless broadband Internet which is targeting client bases of small to mid ranged ISPs. The Company's services include broadband wireless Internet, Voice over IP and network integration. The Company operates and owns its own broadband wireless network across West Texas and Kansas and is continuing its expansion into the Southeast and Midwest of the United States. The Company is dedicated to providing services that are customized to meet its clients' individual needs and flexible enough to cope with an ever-changing business environment. Wireless Frontier Internet Inc. is publicly traded on the Pink Sheets under the symbol WFRI and has filed for listing on the American Stock Exchange. NOTES ABOUT FORWARD-LOOKING STATEMENTS Statements contained in this release, which are not historical facts, may be considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risks and uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements. These and other risks are detailed from time to time in Wireless Frontier's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its report on Form 10-Q for its third quarter ended Sept. 30, 2003. |
