Message #16 From:
NewsBot Date: December 27, 2007 08:49:47 PM
SearchHelp Extends Expiration Date of Its Class "A" Warrant and Lowers Exercise Price of Both Warrant Classes
SearchHelp, Inc. (OTCBB: SHLP), a developer of
award-winning, web-based parental control software, today announced that it
has extended the expiration date of its Class "A" Warrant from December 31,
2007 to March 31, 2008 and reduced the exercise price of the Class "A"
Warrant (SHLPW) from $0.75 to $0.17 per share. In addition, the Company
will reduce the exercise price of its Class "B" Warrant (SHLPZ) from $1.50
to $0.22 per share. All other terms and conditions of the Warrants will
remain the same. The amended exercise price will become effective upon
the date on which the Securities and Exchange Commission declares effective
a Post-Effective Amendment to the registration statement covering the
shares issuable upon exercise of the Warrants.
About SearchHelp
SearchHelp, Inc. markets and develops software products that offer parental
controls that enable parents, both in home and remotely, to monitor and
regulate their child's computer activity through timely reports and alerts
via email and cell phone. To learn more about the "Sentry" line of
products or about protecting children when online, please visit SearchHelp
at www.searchhelp.com.
Statements in this press release or in other SearchHelp communications may
relate to future events or SearchHelp's future performance. Such
statements are forward-looking statements and are based on present
information SearchHelp has related to its existing business circumstances.
Investors are cautioned that such forward-looking statements are subject to
inherent risks and that actual results may differ materially from such
forward-looking statements. Further, investors are cautioned that
SearchHelp does not assume any obligation to update forward-looking
statements based on unanticipated events or changed expectations.
SearchHelp makes such forward-looking statements under the provisions of
the "safe harbor" section of the Private Securities Litigation Reform Act
of 1995.
