Yellow7, Inc. Announces 1-for-5,000 Reverse Split and Name Change
MANCHESTER, N.H., April 18, 2013 /PRNewswire/ – Yellow7, Inc. (OTCQB: YLLC) a Texas corporation (“Yellow 7″), today announced that it is revising its cap-structure to better position the Company for future acquisitions and funding opportunities. The Company has received approval from FINRA for a 1-for-5,000 reverse split of the Company’s common stock as of April 18, 2013. In addition, the Company has changed its name to Energy Today, Inc. to better reflect a new business direction. The Company’s common shares will carry a “D” in the trading symbol; YLLCD (otcmarkets) for twenty days after the effective date and after the 20(th) day, the trading symbol will be changed to ENGR (otcmarkets) (to reflect the new name). The new CUSIP number is 2927W105.
The reverse stock split will reduce the Company’s common stock outstanding from approximately 240,009,700 shares to approximately 48,002 shares. All fractional shares will be rounded up and each shareholder will receive new certificate evidencing their post-reverse split shares if and when they present their certificates to the transfer agent.
Current stock certificates may be exchanged for new certificates with the Company’s new name by contacting the Company’s transfer agent, ClearTrust, LLC at:
Phone: 813-235-4490 Fax: 813-388-4549 E-mail: firstname.lastname@example.org Web site: www.ClearTrustOnline.com Mail: 16540 Pointe Village Drive Suite 206 Lutz, FL 33558
Safe Harbor Statement
Certain statements in this press release that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “future,” “may,” “will,” “would,” “should,” “plan,” “projected,” “intend,” and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Yellow7 to be materially different from those expressed or implied by such forward-looking statements. Yellow 7′s future operating results are dependent upon many factors, including but not limited to the Company’s ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company’s control; and (iv) other risk factors.
For More Information, Contact: Yellow7, Inc. Tom Makmann, CEO, (603) 425-8933
SOURCE Yellow7, Inc.