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Remington Ventures, Inc.'s Board Approves 10 for 1 Forward Split Tuesday March 27, 11:00 am ET
NEW YORK, March 27 /PRNewswire-FirstCall/ -- Remington Ventures, Inc. (Pink Sheets: RMVN - News) is pleased to announce that during a recent Special Meeting of the Board of Directors, the Corporation has approved a 10 for 1 forward split of the Corporation's common stock, subject, of course, to all required regulatory approvals. The Company feels that this may improve trading liquidity and increase shareholder value. The Company is additionally pleased to announce that all documents have been signed so as to enable the Company to shortly receive a second round of financing from a private equity company which has expressed an interest in investing up to one million dollars in Remington Ventures, Inc., much of which the Company will use to continue its sponsorship of Quantum Bit Induction Technology, Inc.'s (Pink Sheets: QBIT - News) Predictive/Programmed Trading Project, the rights to which were acquired in February 2005.
Anyone interested in Remington Ventures, Inc.'s work with QBIT is encouraged to contact the office for adequate information with which to make an educated stock ownership decision. Remington Ventures, Inc., prefers that the uninformed NOT become shareholders, and discourages stock ownership by the undereducated or under-informed.
Contact: Remington Ventures, Inc. 410 Park Avenue, 15th Floor New York, NY USA 10022 (917) 210-7444 - phone (917) 210-8182 - fax Email: President*rmvninc.net
Posts: 173 | From: Mississippi | Registered: Jul 2006
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Remington Ventures, Inc., prefers that the uninformed NOT become shareholders, and discourages stock ownership by the undereducated or under-informed.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by PCola77: haha, love the close to the PR:
Remington Ventures, Inc., prefers that the uninformed NOT become shareholders, and discourages stock ownership by the undereducated or under-informed.
In other words, They are saying if you see this for what it truly is, a thinly veiled smokescreen for dilution please don't buy and don't tell anyone else.
Love reading between the lines.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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