Western Sizzlin Corporation (Nasdaq: WEST) announced that it has extended the expiration date of its exchange offer for all of the outstanding shares of the largest barter company in the USA, ITEX Corporation (OTC Bulletin Board: ITEX).

The offer, which was scheduled to expire at 5:00 p.m., New York City time, on Thursday, February 28, 2008, has been extended until 5:00 p.m., New York City time, on Wednesday, March 26, 2008, unless extended.

As of the close of business on February 28, 2008, approximately 900,174 shares of ITEX common stock had been tendered thus far into the exchange offer.

This press release is for informational purposes only and is neither an offer to sell nor a solicitation of an offer to buy any securities. Any exchange offer will be made only through a registration statement and related materials. In connection with the exchange offer, Western has filed a registration statement on Form S-4 (containing a prospectus) with the Securities and Exchange Commission.


Investors and stockholders of ITEX are advised to read these disclosure materials (including other disclosure materials when they become available) carefully because they contain (and will contain) important information. Investors and stockholders may obtain a free copy of the disclosure materials and other documents filed by Western with the Securities and Exchange Commission at the SEC’s website at www.sec.gov.

A free copy of the disclosure materials and other documents of Western may also be obtained from Western upon request by directing such request to the Information Agent, Morrow & Co., LLC, 470 West Avenue, Stamford, CT 06902, E-mail: offer.info@morrowco.com Banks and brokerage firms please call: (203) 658-9400. Stockholders call toll free: (800) 607-0088.

For the latest news on the barter world read the Tuesday Barter Report: TuesdayREPORT

Barter astuteness = more $$…Wealth

This entry was posted on Friday, February 29th, 2008 at 1:48 pm and is filed under From The Street. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.