Agri-Dynamics, Inc. Clarifies and Defines Stock Issue and Availability and Names New Chief Executive Officer
December 06 2013 - 2:00PM
Marketwired
Agri-Dynamics, Inc. Clarifies and Defines Stock Issue and
Availability and Names New Chief Executive Officer
Due to the Recent Increase in Activity in the Company, an
Interior Accounting of the Stock Issue Has Been Completed
OKLAHOMA CITY, OK--(Marketwired - Dec 6, 2013) - Agri-Dynamics,
Inc. (PINKSHEETS: AGDY), an OTC-Pink current company trading
on the OTC (Pink) Market, today completed an interior
accounting of its stock issue and availability for
public trading.
As of December 6, 2013, there are 64,423,157 shares of the
company's securities issued and outstanding. Of that amount
9,423,157 shares are available for trade by the public, often
referred to as the actual float.
The company also announces it has named Jeff Robinson as Chief
Executive Officer and Chief Operating Officer. Mr. Robinson, a 40
year veteran of the oil and gas industry and former CEO with
remarkable success in growing both public and private oil and gas
companies, will manage the company's everyday operations and will
guide the company through the years ahead.
Mr. Robinson is highly regarded by his peers in the energy
industry. He will use his knowledge of and experience in the
design and execution of successful business plans and his broad
array of technical, operational and business skills to move the
company into a high growth mode with steadily increasing
revenues.
"Our aggressive restructuring of the company has led to a number
of shareholder questions. I called for an accounting of the
stock issue to satisfy the requests of our
shareholders," Robinson said. He added, "I am now selecting a
strategic Board of Directors reflective of our business
focus and recruiting a management team with the
skills to develop our business model now and over the long
term."
Agri-Dynamics, Inc. encourages its current shareholders and
other interested parties to stay tuned as many exciting corporate
developments are made public in the near future.
This Release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Act of 1934. A statement containing works
such as "anticipate," "seek," "intend," "believe," "plan,"
"estimate," "project," "plan," or similar phrases may be deemed
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Some or all of the events
or results anticipated by these forward-looking statements may not
occur. Factors that cause or contribute to such differences include
the future U.S. and global economies, the impact of competition,
and the Company's reliance on existing regulations.
CONTACT INFORMATION Agri-Dynamics, Inc. Website:
www.agridynamicsinc.com E-Mail: Email Contact
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