Banneker, Inc. Addresses Questions Concerning 12-1 Forward Split
February 05 2009 - 4:26PM
Marketwired
Mr. Derrick Holmes, CEO, Banneker, Inc. (PINKSHEETS: BANI),
addresses questions concerning the 12-1 forward split.
It has come to our attention that over the past few days some
investors of Banneker, Inc. (PINKSHEETS: BANI) are confused as to
when the actual split takes place. All shareholders on record as of
the close of the market day Friday, February 6, 2009 will be
eligible for the 12 shares for every one share owned. We hope this
statement will address those concerns.
About Banneker, Inc.:
Banneker, Inc. is a manufacturer and distributor of quality
watches and fine jewelry based on the legend of Benjamin Banneker.
Esteem Enterprises, a wholly owned subsidiary of Banneker, Inc.,
teamed with Jostens, Inc. and created the first ever urban line of
graduation jewelry and class rings for High School and College
students.
Safe Harbor Statement:
Except for historical information contained herein, the matters
set forth above may be forward-looking statements that involve
certain risks and uncertainties that could cause actual results to
differ from those in the forward-looking statements. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar
expressions, as they relate to the Company or its management,
identify forward-looking statements. Such forward-looking
statements are based on the current beliefs of management, as well
as assumptions made by and information currently available to
management. Actual results could differ materially from those
contemplated by the forward-looking statements as a result of
certain factors such as the level of business and consumer
spending, the amount of sales of the Company's products, the
competitive environment within the industry, the ability of the
Company to continue to expand its operations, the level of costs
incurred in connection with the Company's expansion efforts,
economic conditions in the industry and the financial strength of
the Company's customers and suppliers. The Company does not
undertake any obligations to update such forward-looking
statements. Investors are also directed to consider all other risks
and uncertainties.
Contact: Banneker, Inc. Email Contact
Banneker (CE) (USOTC:BANI)
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