Sino Cement, Inc. Announces Forward Stock Split and Name Change
June 27 2013 - 4:00AM
Marketwired
Sino Cement, Inc. (OTC PINK:OCEE) (the "Company") is pleased to
announce that its board of directors has approved a forward stock
split of the Company's common stock on a ten for one basis. In
addition, the Company has made the necessary filings with the
Financial Industry Regulatory Authority ("FINRA") to effectuate a
name change to Nevis Capital Corporation. The Company hopes to have
FINRA approval for both actions by July 5, 2013.
As a result of the forward stock split, every one share of
issued and outstanding common stock will be converted into ten
shares of common stock at the end of trading on July 5, 2013. The
share adjustment will be made to each certificate when surrendered
for transfer. The forward split will increase the number of shares
issued and outstanding to approximately 27,593,990. The number of
authorized shares will be increased to 981,675,380.
Mr. Marco Garduno Chavez, President and Chief Executive Officer,
provided the following comments, "by effectuating the forward
split, the Company seeks to increase liquidity and make shares of
common stock accessible to a broader range of investors. The name
change to Nevis Capital Corporation is also appropriate, as it more
accurately reflects the company's current business."
About the Company
The Company is an investment holding company that makes
investments in closely-held private or micro-cap market companies.
The Company recently announced plans to acquire 100% of Macau Live
Gaming, S.A., a Costa Rica corporation engaged in worldwide online
gaming, to non-U.S. clients and the acquisition of boutique hotels
and casinos in Costa Rica, and to provide Online Casino services to
major hotels with casinos but who do not have online operations.
www.macaulivegaming.com.
Forward-Looking Statements
Certain statements made in this announcement may constitute
"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. Management cautions
that these statements are based on management's current knowledge
and expectations and are subject to certain risks and
uncertainties, many of which are outside of the control of the
Company that could cause actual results and events to differ
materially from the statements made herein. The risks and
uncertainties include, but are not limited to, those associated
with operations outside the United States, the Company's lack of
revenue, the Company's dependence on third parties, general market
and economic conditions, and changes to the Company's business.
Statements made herein are as of the date of this press release and
should not be relied upon as of any subsequent date. The Company's
past performance isn't necessarily indicative of its future
performance. The Company doesn't undertake, and the Company
specifically disclaims any obligation, to update any
forward-looking statements to reflect occurrences, developments,
events, or circumstances after the date of such statement.
Contacts: Sino Cement, Inc. Mr. Marco Garduno
Chavezinfo@sino-inc.com
American Hemp Ventures (PK) (USOTC:AMHV)
Historical Stock Chart
From May 2024 to Jun 2024
American Hemp Ventures (PK) (USOTC:AMHV)
Historical Stock Chart
From Jun 2023 to Jun 2024
