ECOLOGIX Resource Group Provides Update Regarding Forward Stock Split
01 Dezember 2009 - 3:34PM
Marketwired
ECOLOGIX Resource Group (OTCBB: EXRG), a natural resource company
focused on the timber industry and production of alternative energy
solutions, announced today it is awaiting final FINRA approval on a
previously announced forward stock split.
On November 25, 2009 the Company announced a one-for-ten forward
stock split, pending FINRA approval. ECOLOGIX had expected the
stock split to be payable on or about November 30, 2009 to
shareholders of record as of November 27, 2009. The record date and
related payment date will be adjusted accordingly once the Company
receives final FINRA approval.
As previously announced, when the forward stock split becomes
effective, shareholders will receive an additional nine shares for
every one share of common stock held.
About ECOLOGIX Resource Group
ECOLOGIX Resource Group is a natural resource company focused on
the timber industry and production of alternative energy solutions
in accordance with the most stringent environmental standards
regulating these industries. Additional information on ECOLOGIX
Resource Group is available on its website, www.ecologixrg.com.
Safe Harbor
This press release contains forward-looking statements made
pursuant to the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. Readers are cautioned that a number
of factors could cause our actual results to differ materially from
any results indicated in this release or in any other
forward-looking statements made by us, or on our behalf. These
include among others factors related to general economic
conditions, interest rates, demand for materials handling products
and construction equipment, performance of our manufacturing
facilities and the cyclical nature of the materials handling and
construction equipment industries. Further, historical information
should not be considered an indicator of future performance.
Additional considerations and important risk factors are described
in our reports on Form 10-K and 10-Q and other filings with the
Securities and Exchange Commission.
ECOLOGIX Resource Group Toll free: 1 888-LOGIXRG (564-4974)
Email: ir@ecologixrg.com
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