WHISTLER INVESTMENTS Plans to File Registration Statement For Stock Offering to Existing Stockholders
2004年7月2日 - 9:30PM
PRニュース・ワイアー (英語)
WHISTLER INVESTMENTS Plans to File Registration Statement For Stock
Offering to Existing Stockholders LAS VEGAS, NV, July 2
/PRNewswire-FirstCall/ -- Whistler Investments, Inc. (OTC BB:WHIS)
announced today that it plans to file a registration statement with
the Securities and Exchange Commission (SEC) in connection with a
stock offering to its existing stockholders. The registration
statement would be filed following the filing of Whistler's final
Information Statement with the SEC in connection with the Special
Meeting of Stockholders to be held to consider proposals to
increase the authorized common stock to 90,000,000 shares and to
authorize a class of 5,000,000 shares of preferred stock where the
Board of Directors would be able to determine the terms of each
series of preferred. The offering will consist of one
non-transferable warrant to purchase an additional share of Common
Stock for each ten shares of Common Stock owned as of the record
date. There would be no cost to stockholders for the warrants. Each
warrant would be exercisable at 50% of the closing price for
Whistler Common Stock on the record date and would expire at the
close of business on December 31, 2004. Whistler will finalize the
exercise price of the warrants prior to mailing of the Prospectus
to stockholders. The proposed offering is estimated to be made to
stockholders of record as of September 30, 2004, following the
planned special meeting of stockholders, unless that meeting is
delayed beyond September 30, 2004, in which case the record date
would immediately follow the date of the stockholders meeting.
About Whistler Investments, Inc. Whistler Investments Inc. (WHIS) -
is emerging as a leader in the development and marketing of Lithium
Ion Vehicles and Lithium Ion powered products worldwide. We at
Whistler believe our superior technology coupled with an aggressive
marketing plan will establish our company on the world stage. With
the global focus moving rapidly towards addressing pollution, the
need for sustainable, zero emission energy is current. As
legislation is dictating a move towards this type of energy, we
foresee this industry as one of the fastest growing segments within
the global economy. For more information, please visit our website
at http://www.whistlerinvestments.com/ or email for up to date
information and other enquiries. Investor Relation information can
also be obtained by contacting Whistler directly at (888) 669-1808
or (604) 681-2799. Forward Looking Statements The discussion above
contains forward looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements
by their nature involve substantial risks and uncertainties as
described by Whistler Investment's periodic filings. Actual results
may differ materially depending on a variety of factors, including,
but not limited to the following: changes in worldwide general
economic conditions, worldwide competition, and Whistler's ability
to raise capital to finance the purchase of license rights for and
commercialization of its licensed lithium ion battery technologies
and other factors. Additional information with respect to the risks
and uncertainties faced by Whistler may be found in its filing with
the Securities and Exchange Commission on Form 10-KSB for the year
ended January 31, 2004 and other reports filed with the Securities
and Exchange Commission. DATASOURCE: Whistler Investments, Inc.
CONTACT: For more information, please visit our website at
http://www.whistlerinvestments.com/ or email for up to date
information and other enquiries. Investor Relation information can
also be obtained by contacting Whistler directly at (888) 669-1808
or (604) 681-2799.
Copyright