Wineco Productions Reminds Shareholders Today Is Record Date for 15-1 Forward Split
03 Agosto 2006 - 2:00PM
PR Newswire (US)
Split Will Increase Market Liquidity and Shareholder Value SUNRISE,
Fla., Aug. 3 /PRNewswire-FirstCall/ -- Wineco Productions Inc.
(OTC:WNCP) as of August 4, tomorrow the Company's stock will be
quoted on a post-split basis. On July 27, 2006 the Company
announced that its Board of Directors and majority shareholders had
approved a 15 to 1 forward stock split of the Company's common
stock. Each shareholder of record at the close of business, today,
August 3, 2006, will receive 14 additional shares for every
outstanding share held on the record date. The ex dividend date
will be August 10, 2006. The Company has advised that shareholders
do not need to take action to receive the additional shares.
Existing certificates should not be destroyed nor returned to the
Company, and will continue to represent the number of shares
indicated. New certificates will be issued for the balance of
shares due. The fifteen-to-one stock split will not change the
shareholders' existing proportionate ownership. About Wineco
Productions Inc. Wineco is in the process of acquiring mining
properties that show recoverable "Nobel Metals." The various
properties are for the most part, mines that have been worked in
earlier times. Working these mines have left tons of "Tailings"
that contain valuable material. The company will process the
material that had already been mined and that material is referred
to as "Tailings." These tailings yielding better extraction of
Noble Metals through advanced equipment.
http://www.winecoproductions.com/ On August 1, 2006 Wineco entered
into a Letter of Intent to negotiate for a non-exclusive license of
a cutting edge oil and gas perforation/blended rocket fuel
exothermic down-hole oil and gas stimulation technology from
Capital Energy. Wineco is in final negotiations to acquire the mine
tailing from World Wide Consulting. The tailings consist of
approximately 1 million tons and are very prolific in platinates.
World Wide Consulting is the first of 5 companies that Wineco is in
negotiations with. All companies have shown excellent results in
their tailings. Wineco has proven its test in chemical extraction
of platinum in addition to its previously proven micron gold
extraction process. This media release may contain forward-looking
statements regarding but not limited to management, market
potential, distributor success, market size, international sales,
including statements regarding the intent, belief or current
expectations of Wineco Productions Inc. and uncertainties that
could materially affect actual results. Investors should refer to
documents that the Company intends to file with the SEC for a
description of certain factors that could change actual results.
Investors should refer to factors that could cause actual results
to vary from current expectations and the forward-looking
statements contained in this media release. Contact: Wineco
Productions Inc. James Logan President 954 575-7296 or 954 316-1326
DATASOURCE: Wineco Productions Inc. CONTACT: James Logan, President
of Wineco Productions Inc, +1-954-575-7296, or +1-954-316-1326 Web
site: http://www.winecoproductions.com/
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