PRESS RELEASES
March 1, 2004
News Release
For Immediate Release
|
AMEX: TUX
CUSIP 901144105
|
TUXIS CORPORATION ANNOUNCES CHANGES TO
NET ASSET VALUATION CALCULATION
NEW YORK - Tuxis Corporation (AMEX: TUX) announced today that commencing March 1, 2004 the determination and publication of its net asset value will be performed on a monthly basis as of the end of each calendar month. The Company also announced that effective April 30, 2004 its net asset value accounting agreement with an external service will be terminated and effective May 1, 2004 net asset value will no longer be outsourced but will be calculated monthly internally . The changes in net asset value calculation reflect the Company's focus on real estate operations. Currently, substantially all of Tuxis' assets are comprised of real estate and cash and government securities.
As previously announced, Tuxis intends to apply to the Securities and Exchange Commission to deregister as an investment company and continue as a publicly-held operating company listed on the American Stock Exchange subject to the reporting and other requirements of the Securities Exchange act of 1934.
Tuxis is a real estate development and service company. More information about Tuxis may be found at its web site at
www.tuxis.com.
|
 | |  |
MORE PRESS RELEASES
Press releases from August 31, 1998 to present
- May 20, 2005 Tuxis Corporation Announces Property Lease
- March 11, 2005 Tuxis Corporation Announces Real Estate Acquisition
- June 02, 2004 Tuxis Corporation Omits Quarterly Dividend, Reports May 31, 2004 Net Asset Value
- May 10, 2004 Tuxis Corporation Announces Real Estate Acquisition
- March 1, 2004 Tuxis Corporation Declares Quarterly Dividend
- March 1, 2004 Tuxis Corporation Announces Changes To Net Asset Valuation Calculation
- February 25, 2004 Tuxis Corporation Announces Appointment
- February 4, 2004 Tuxis Corporation Announces Real Estate Acquisition
- December 3, 2003 Tuxis Corporation Declares Quarterly Dividend
- September 5, 2003 Tuxis Corporation Declares Quarterly Dividend
- June 2, 2003 Tuxis Corporation Declares Quarterly Dividend
- March 3, 2003 Tuxis Corporation Declares Quarterly Dividend
- December 4, 2002 Tuxis Corporation Declares Quarterly Dividend
- September 5, 2002 Tuxis Corporation Declares Quarterly Dividend
- June 4, 2002 Dividend Declaration
- March 4, 2002 Dividend Declaration
|
- December 20, 2001 Tuxis Corporation Adopts New Investment Policy
- December 3, 2001 Dividend Declaration
- November 7, 2001 Tuxis Corporation Announces Change to an Operating Company
- September 13, 2001 Dividend Declaration
- July 24, 2001 Tuxis Corporation Adopts New Long Term Investment Policy
- June 5, 2001 Dividend Declaration
- March 5, 2001 Dividend Declaration
- December 6, 2000 Dividend Declaration
- September 6, 2000 Dividend Declaration
- June 2, 2000 Dividend Declaration
- March 3, 2000 Dividend Declaration
- December 8, 1999 Dividend Declaration
- November 22, 1999: Announcement - Fund to Use Futures and Options
- September 7, 1999 Dividend Declaration
- June 2, 1999 Dividend Declaration
- March 3, 1999 Dividend Declaration
- August 31, 1998: Announcement - Shareholders Approve Name Change
|
|
 | |  |
|
