Action Products Announces Key Results of Quarterly Board Meeting; Changes to Board of Directors, Will Grant Shareholders a New Warrant Dividend.

Publication: Business Wire

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COPYRIGHT 2005 Business Wire

ORLANDO, Fla. -- Action Products International, Inc. (NASDAQ-CM: APII), is correcting the quote in the sixth graph: Incoming Chairman, Ronald Kaplan, said... "as demonstrated by our inside investors exercise of stock warrants at $3.50/share." The quote should read "as demonstrated by our exercise of stock warrants at $3.00/share."

According to Form 4's presented to Action Products International insiders have exercised $3.00/share warrants on July 5th 2005, June 28th 2005, and June 15th 2005.

The corrected release reads:

ACTION PRODUCTS ANNOUNCES KEY RESULTS OF QUARTERLY BOARD MEETING; CHANGES TO BOARD OF DIRECTORS, WILL GRANT SHAREHOLDERS A NEW WARRANT DIVIDEND

Action Products International, Inc. (NASDAQ-CM: APII), a leading toy designer and manufacturer of educational and positive, non-violent branded toys announced today that the Board of Directors has accepted the resignation of Board Chair,...

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