COMTEX NEWS NETWORK INC

price = USD 0.2-0.25...2010, through February 5, 2010 (the date of the Company’s initial announcement of its intention to undertake the Reverse Stock Split), the closing price of the Common Stock ranged between $0.20 and $0.25 per share. Following the initial announcement on February 5, 2010, through the date of this Proxy Statement, the closing price of the Common Stock has ranged between $[0.20] and $[0.29] per share. See “Price Range of Common Stock...

price = USD 0.2-0.25...2010, through February 5, 2010 (the date of the Company’s initial announcement of its intention to undertake the Reverse Stock Split), the closing price of the Common Stock ranged between $0.20 and $0.25 per share. Following the initial announcement on February 5, 2010, through the date of this Proxy Statement, the closing price of the Common Stock has ranged between $0.15 and $0.29 per share. See “Price Range of Common Stock; Di...

price = USD 0.2-0.25...2010, through February 5, 2010 (the date of the Company’s initial announcement of its intention to undertake the Reverse Stock Split), the closing price of the Common Stock ranged between $0.20 and $0.25 per share. Following the initial announcement on February 5, 2010, through the date of this Proxy Statement, the closing price of the Common Stock has ranged between $0.15 and $0.29 per share. See “Price Range of Common Stock; Di...

txn_type = CONSOLIDATION...ng, you will be asked to vote, in person or by proxy, on the following matters: (i) the election of six directors to the Company’s Board of Directors; (ii) a proposal to approve amendments to the Company’s Certificate of Incorporation which would (a) effect a reverse stock split pursuant to which each 1,000 shares of the Company’s outstanding common stock, par value $0.01 (“Common Stock”), will be converted into one share of Common Stock (with shareholders owning less than one share of Common Stock after giving effect to the reverse stock split receiving a cash payment of $0.29 per share) (the “Reverse Stock Spl...

txn_type = CONSOLIDATION...ting, you will be asked to vote, in person or by proxy, on the following matters: (i) the election of two directors to the Company’s Board of Directors; (ii) a proposal to approve an amendment to the Company’s Certificate of Incorporation which would effect a reverse stock split pursuant to which each 1,000 shares of the Company’s outstanding common stock, par value $0.01 (“Common Stock”), will be converted into one share of Common Stock (with stockholders owning less than one share of Common Stock after giving effect to the reverse stock split receiving a cash payment of $0.29 per pre-split share) (the “Reverse...

txn_type = CONSOLIDATION...ting, you will be asked to vote, in person or by proxy, on the following matters: (i) the election of two directors to the Company’s Board of Directors; (ii) a proposal to approve an amendment to the Company’s Certificate of Incorporation which would effect a reverse stock split pursuant to which each 1,000 shares of the Company’s outstanding common stock, par value $0.01 (“Common Stock”), will be converted into one share of Common Stock (with stockholders owning less than one share of Common Stock after giving effect to the reverse stock split receiving a cash payment of $0.29 per pre-split share) (the “Reverse...

txn_type = CONSOLIDATION...ting, you will be asked to vote, in person or by proxy, on the following matters: (i) the election of two directors to the Company’s Board of Directors; (ii) a proposal to approve an amendment to the Company’s Certificate of Incorporation which would effect a reverse stock split pursuant to which each 1,000 shares of the Company’s outstanding common stock, par value $0.01 (“Common Stock”), will be converted into one share of Common Stock (with stockholders owning less than one share of Common Stock after giving effect to the reverse stock split receiving a cash payment of $0.29 per pre-split share) (the “Reverse...

untradeable = True...y platforms and generally reducing overhead in various areas. During the current stage of this business consolidation and expansion program, the Board recognized that a significant number of stockholders owned fewer than 1,000 shares each and that practically no public market exists for the Common Stock. Further, in that context the Board began to consider whether, on balance, it was necessary or desirable for the Company to remain a public company. The Board created a Special Transaction Committee, in 2004, to consider and recommend to the Board as to the advisability, from the Company’s standpoint and that of its stockholders, of the...

untradeable = True...y platforms and generally reducing overhead in various areas. During the current stage of this business consolidation and expansion program, the Board recognized that a significant number of stockholders owned fewer than 1,000 shares each and that practically no public market exists for the Common Stock. Further, in that context the Board began to consider whether, on balance, it was necessary or desirable for the Company to remain a public company. The Board created a Special Transaction Committee, in 2004, to consider and recommend to the Board as to the advisability, from the Company’s standpoint and that of its stockholders, of the...

untradeable = True...y platforms and generally reducing overhead in various areas. During the current stage of this business consolidation and expansion program, the Board recognized that a significant number of stockholders owned fewer than 1,000 shares each and that practically no public market exists for the Common Stock. Further, in that context the Board began to consider whether, on balance, it was necessary or desirable for the Company to remain a public company. The Board created a Special Transaction Committee, in 2004, to consider and recommend to the Board as to the advisability, from the Company’s standpoint and that of its stockholders, of the...

untradeable = True...y platforms and generally reducing overhead in various areas. During the current stage of this business consolidation and expansion program, the Board recognized that a significant number of stockholders owned fewer than 1,000 shares each and that practically no public market exists for the Common Stock. Further, in that context the Board began to consider whether, on balance, it was necessary or desirable for the Company to remain a public company. The Board created a Special Transaction Committee, in 2004, to consider and recommend to the Board as to the advisability, from the Company’s standpoint and that of its stockholders, of the...