House & Home
Mon, July 25, 2011Sun, July 24, 2011Sat, July 23, 2011Fri, July 22, 2011Thu, July 21, 2011Wed, July 20, 2011Tue, July 19, 2011Mon, July 18, 2011Fri, July 15, 2011Thu, July 14, 2011Wed, July 13, 2011Tue, July 12, 2011Mon, July 11, 2011Sat, July 9, 2011Fri, July 8, 2011Thu, July 7, 2011Wed, July 6, 2011Tue, July 5, 2011Mon, July 4, 2011Sat, July 2, 2011Fri, July 1, 2011Thu, June 30, 2011Wed, June 29, 2011Tue, June 28, 2011Mon, June 27, 2011Sun, June 26, 2011Fri, June 24, 2011Thu, June 23, 2011Wed, June 22, 2011Tue, June 21, 2011Mon, June 20, 2011Sun, June 19, 2011Sat, June 18, 2011Fri, June 17, 2011Thu, June 16, 2011Wed, June 15, 2011Tue, June 14, 2011Mon, June 13, 2011Sat, June 11, 2011Fri, June 10, 2011Thu, June 9, 2011Wed, June 8, 2011Tue, June 7, 2011Algae Farm (USA) Announces Forward Stock Split and Divestiture
//house-home.news-articles.net/content/2011/06/2 .. nounces-forward-stock-split-and-divestiture.html
Published in House and Home on Wednesday, June 29th 2011 at 13:32 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
HOUSTON--([ BUSINESS WIRE ])--Algae Farm (USA), Inc. (Pink Sheets: ALGF), announces that its Board of Directors has approved a 11 for 10 forward stock split revalued for its common stock only. The effective date is open of business June 30, 2011. Fractional Shares will be rounded up and shares are payable upon surrender of old certificates to the Companya™s Transfer Agent, Pacific Stock Transfer Company. A aDa will be placed on the ticker symbol for 20 business days. After 20 business days, the symbol will revert back to the original symbol, ALGF.
ALGF divested its 63 Payday and Rage Uranium Mining Claims located in Utah to Colorado Goldfields, Inc. in an all stock transaction consisting of 125,000,000 shares of 1-year restricted Class A Common Stock and 125,000,000 shares of 2-year restricted Class A Common Stock.
About Algae Farm (USA)
ALGF is a development stage renewable energy technology company. The Company is pursuing development and commercialization of algae and algal biomass production technology. The Companya™s website is [ www.algaefarm.org ], the contents of which are not incorporated by reference herein.
Safe Harbor
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company and all affiliated parties do not assume any duty to publicly update or revise the material contained herein.
