Bell Rose Capital, Inc. Completes Name Change and Stock Split
March 10 2014 - 8:25AM
Marketwired
Bell Rose Capital, Inc. Completes Name Change and Stock Split
STATEN ISLAND, NY--(Marketwired - Mar 10, 2014) - Bell Rose
Capital, Inc. (OTC Pink: DPBLD) is pleased to announce the Company
name change to Bell Rose Capital, Inc., from Deep Blue, Inc., and
reverse split of 1 new share for every 2,062 shares have been filed
with the State of Nevada as of November 7, 2013.
The Name Change and Reverse Split became effective on the
OTCMarkets.com on March 5, 2014, having been approved by the
Financial Industry Regulatory Authority, Inc. ("FINRA") on March 4,
2014.
Beginning with the opening of the OTCMarkets.com on March 5,
2014, the Company's common stock will commence quoting on the
OTCMarkets.com on a post reverse stock split basis. Also on March
5, 2014, to indicate the reverse stock split, the OTCMarkets.com
will append a "D" to the Company's trading symbol and for a period
of 20 business days, the Company's common stock will be reported
under the symbol "DPBLD." After the 20 business days, on April 2,
2014, the Company's new trading symbol will be "BELR."
Bell Rose Capital, Inc. President Frank Rizzo stated, "The
opportunity to deliver shareholder value through the real estate
market has never been greater than right now. We are seeking
opportunities that are value driven where we will be able to
enhance cash flow through rental appreciation and management
efficiencies. Our shareholders will be the direct beneficiary of
these efforts."
Bell Rose Capital, Inc., headquartered in New York, is a real
estate investment and development company focused on acquiring and
repositioning distressed and mismanaged real estate assets.
President Frank Rizzo is also the founder and broker of Cornerstone
Realty Partners, Inc. a NYS brokerage company where he serves as a
Director for the Staten Island Board of Realtors. For his work on
recent projects, Mr. Rizzo was featured in the NY Daily News, Best
Places to Live, and was recognized by earning the 20 under 40
Leadership Award on Staten Island in 2013.
Safe Harbor Statement - In addition to historical
information, this press release may contain statements that
constitute forward-looking statements within the meaning of the
Securities Act of 1933 and the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements contained in this press release include
the intent, belief, or expectations of the Company and members of
its management team with respect to the Company's future business
operations and the assumptions upon which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future
performance, and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Factors that could cause these
differences include, but are not limited to, failure to complete
anticipated sales under negotiations, lack of revenue growth,
client discontinuances, failure to realize improvements in
performance, efficiency and profitability, and adverse developments
with respect to litigation or increased litigation costs, the
operation or performance of the Company's business units or the
market price of its common stock. Additional factors that would
cause actual results to differ materially from those contemplated
within this press release can also be found on the Company's
website. The Company disclaims any responsibility to update any
forward-looking statements.
Contact: Frank Rizzo, frank@bellrosecapital.com Bell Rose
Capital, Inc. 1765 Victory Blvd., Staten Island, NY 10314 Phone:
718-447-8100
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