DURHAM, N.C., Sept. 20 /PRNewswire-FirstCall/ -- Wellstone Filters
(OTC Bulletin Board: WLSF) announced today that it has declared a 3-for-1
forward stock split to shareholders of record on September 27, 2004. Under
the dividend, each holder of one share of common stock on the record date
shall receive two additional shares of common stock. The payment date is
October 5, 2004.
The purpose for the stock split is to benefit the shareholders by
enhancing the liquidity of the common stock.
The CUSIP number and trading symbol will be unchanged.
ABOUT THE COMPANY
Wellstone Filters, Inc. has developed and patented filter material that
removes certain carcinogens and other toxins produced when tobacco is smoked
-- without removing the compounds responsible for the pleasurable effects of
smoking. Wellstone seeks to promote material for cigarette filters that will
enable major cigarette manufacturers to provide consumers with an equally
enjoyable cigarette with substantially fewer carcinogens. Wellstone believes
that its patented filter formulation removes tars and certain carcinogens,
while providing better taste. However, any claim as to the benefits of any
Wellstone cigarette to be sold will be made within the parameters prescribed
by the Federal Trade Commission. Wellstone emphasizes that NO cigarette is
safe. This corporate communication by Wellstone is not intended to induce any
person to purchase future Wellstone tobacco products.
For more information, please see http://www.Wellstonefilters.com or call
Investor relations at 303-620-9194.
In addition, all current shareholders, and interested parties should sign
into our private Corporate Guest Book, http://www.CorporateGuestBook.com/?WLSF
to receive timely updates and information on any future developments as they
happen.
Note: Except for the historical information contained herein, this new
release contains forward-looking statements that involve substantial risks and
uncertainties. Among the factors that could cause actual results or timelines
to differ materially are risks associated with research and clinical
development, regulatory approvals, supply capabilities and reliance on
third-party manufacturers, product commercialization, competition, litigation,
and the other risk factors listed from time to time in reports filed by
Wellstone with the Securities and Exchange Commission, including but not
limited to risks described under the caption "Important Factors That May
Affect Our Business, Our Results of Operation and Our Stock Price." The
forward-looking statements contained in this news release represent judgments
of the management of Wellstone as of the date of this release. Wellstone and
its managers and agents undertake no obligation to publicly update any
forward-looking statements.
SOURCE Wellstone Filters, Inc.
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Related links:
http://www.lowertar.com
CONTACT:
Wellstone Filters, Inc. Investor relations,
+1-303-620-9194
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