MortgageBrokers.com OKs Forward Stock Split

MortgageBrokers.com Holdings Inc., Toronto, has announced the approval by its board of directors of a 4-for-1 forward split of its common shares.All shareholders on record as of June 14, 2006, are eligible to receive four shares of common stock for every common share held, the company said. "The stock split will better position the company to attract new retail and institutional investors, as well as increase our liquidity," said Alex Haditaghi, chief executive officer of MortgageBrokers.com.

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