Javalution (JCOF.PK) Announces August 5, 2011 Effective Date for Corporate Action
PR Newswire
SAN DIEGO, Aug. 3, 2011
SAN DIEGO, Aug. 3, 2011 /PRNewswire/ — Javalution Coffee Company (JCOF-PK) announced today that it has been advised by FINRA that August 5, 2011 will be the effective date for its reincorporation merger in Delaware, name change to AL International, Inc. and 1-for-2 reverse stock split. Following the reverse stock split the Company will have 382,631,306 shares of its common stock outstanding.
“We are pleased to have completed our reincorporation in Delaware and look forward to building our brands and executing our business model. We further intend to do our best to create value for our shareholders following this reverse stock split,” said Company’s CEO, Steve Wallach, who added that the Company does not have any plans for additional reverse share splits.”
“Safe Harbor” Statement
This release includes forward-looking statements on our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict and include statements relating to our business plan, hiring of auditors and growth strategy through acquisition.
The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in our forward-looking statements include, among others, our ability to implement our business plan and growth strategy through acquisition, including the acquisition we recently closed. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release based on new information, future events, or otherwise, except as required by law.
SOURCE Javalution Coffee Company
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