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Technology Stocks : QUOT - Quotesmith -- Ignore unavailable to you. Want to Upgrade?


To: blankmind who wrote (66)2/10/2001 9:04:21 PM
From: Glenn Petersen  Respond to of 75
 
The special meeting to vote of the reverse split has been set for March 5, 2001:

freeedgar.com./search/ViewFilingsData.asp?CIK=1079996&Directory=950137&Year=01&SECIndex=525&Extension=.tst&PathFlag=0&nStartLoc=695&nEndLoc=50492&TextFileSize=50508&DateFiled=2/9/2001&FormType=DEFS14A&SFType=&SDFiled=&tabletype=1&tablename=&SourcePage=FilingsResults&OEMSource=&UseFrame=0&CompanyName=QUOTESMITH+COM+INC

To the Stockholders of QUOTESMITH.COM, INC.:

Notice is hereby given that a Special Meeting of Stockholders (the "Meeting") of Quotesmith.com, Inc., a Delaware corporation (the "Company"), will be held on Thursday, March 5, 2001, beginning at 9:00 a.m. local time, at the Company's corporate offices at 8205 South Cass Avenue, Darien, Illinois, 60561 to consider and act upon separate proposals to effect a reverse stock split of the Company's outstanding Common Stock based upon one of the following stock split ratios: 3:1 or 6:1. Following the Special Meeting of Stockholders, the Board of Directors of the Company will determine, in its discretion, which of the reverse stock split proposals that have been approved by the stockholders to implement as otherwise described in the Proxy Statement. If the 3:1 reverse stock split is implemented, every three shares of our Common Stock outstanding will be exchanged for one share of Common Stock. Similarly, if the 6:1 reverse stock split is implemented, one share of Common Stock would be issued in exchange for every six shares of Common Stock outstanding.



To: blankmind who wrote (66)3/7/2001 5:28:22 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 75
 
Reverse split effective as of today:

biz.yahoo.com

Monday March 5, 4:38 pm Eastern Time

Press Release

SOURCE: Quotesmith.com

Quotesmith.com Announces Shareholder Approval of Reverse Stock Split

DARIEN, Ill., March 5 /PRNewswire/ -- Quotesmith.com, Inc.. (Nasdaq: QUOT - news) today announced the results of its special meeting of shareholders heldon Monday, March 5, 2001 at the Company's corporate offices.

At the meeting, shareholders approved an amendment to the Company's Restated Certificate of Incorporation to effect a 3:1 reverse stock split of the Company's common stock. The Company's Board of Directors has adopted a resolution to implement the 3:1 reverse stock split, which will become effective as of March 7, 2001. A ``D'' will accompany the Company's ticker symbol for twenty consecutive trading days after the effective date.

About Quotesmith.com

Founded in 1984, Quotesmith.com owns and operates the industry's largest and most comprehensive insurance price comparison service. The Quotesmith.com Insurance Commerce Platform allows insurance shoppers to instantly view the best prices being offered by more than 300 leading companies, achieve maximum savings and have the freedom to buy from the company of their choice. Quotesmith.com also provides personalized customer service assistance and policy placement services for its customers. Quotesmith.com generates revenues from the receipt of commissions and fees paid by insurance companies.

SOURCE: Quotesmith.com