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Article: Rushmore Financial Group, Inc. Schedules Special Shareholders Meeting for October 4, 1999.
- Article from:
- PR Newswire
- Article date:
- September 28, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DALLAS, Sept. 28 /PRNewswire/ -- Rushmore Financial Group, Inc. (Nasdaq: RFGI) today announced that it has scheduled a special meeting of shareholders for October 4, 1999, to consider and approve a proposal to issue up to 3,500,000 shares of common stock, either directly or upon conversion of preferred stock and warrants. The new securities are being authorized to enable the company to seek up to $10,000,000 of private financing to provide funds for the acquisition and development of software to support the Company's on-line trading division, RushTrade.com, Inc. (http://www.rushtrade.com), and for advertising and promotion of the division.
Rushmore's on-line ...
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