Business Services Industry
Moto Photo Announces One-Year Extension of Warrants
Business Wire, Sept 17, 1997
DAYTON, Ohio--(BUSINESS WIRE)--Sept. 17, 1997--Moto Photo Inc. (NASDAQ:MOTO), announced today that its board of directors has voted to extend the exercise period of its common stock purchase warrants through Dec. 31, 1998.
The warrants were scheduled to expire on Dec. 31, 1997.
The warrants, currently exercisable at $4.25 for each share of common stock, were issued by Moto Photo in November 1985, in connection with a public offering of units consisting of one of $1.20 Cumulative Convertible Preferred Stock and two common stock purchase warrants.
Moto Photo is a franchisor and operator of one-hour photofinishing labs and portrait studios with 431 stores in operation and 17 under development in the United States, Canada and Norway.
CONTACT: Moto Photo Inc.
David Mason, 937/854-6686
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
Most Popular Business Publications
Content provided in partnership with
