Pipeline Data Reschedules Annual Stockholders' Meeting
Penny Stock Pipeline Data Inc. (OTCBB: PPDA message board) has rescheduled its 2005 Annual Meeting of Stockholders from November 28, 2005 to January 12, 2006, the time and location to be announced.
The meeting will be held for the purposes of electing seven (7) members of the Board of Directors to serve until the 2006 Annual Meeting of Stockholders, to approve an eight for one reverse stock split of the company's issued and outstanding common stock ($.001 par value), to approve the adoption of the company's 2005 Stock Option Plan, to ratify the appointment of Drakeford & Drakeford, LLC as the company's independent auditors for the fiscal year ending December 31, 2005 and to transact such other business as may properly be brought before the Meeting or any adjournment thereof.
The Board of Directors has fixed the close of business on November 28, 2005 as the record date for the Meeting. Only stockholders of record on the stock transfer books of the company at the close of business on that date are entitled to notice of, and to vote at, the Meeting.
A complete list of stockholders entitled to vote at the Meeting will be available for inspection at the company's corporate offices at 1515 Hancock"