BARRINGTON, Ill., July 28, 2014 /PRNewswire/ -- Capsalus Corp (OTC:
WELLD) (the "Company") announces change in name to foru Holdings,
Inc. with immediate effect. As part of the change, the Company will
be quoted as "FORU" on the over-the-counter markets. The Company's
website has been changed to www.foruholdings.com.
According to Steven M. Grubner, President of foru Holdings,
Inc., the change in name more accurately reflects the Company's
focus and direction. "foru International has made significant
progress over the past 18 months, introducing thousands of
consumers to their leading health and wellness products." Added Mr.
Grubner, "Rebranding ourselves better aligns our focus with our
core mission and our largest public facing brand."
(www.foru.com).
The Financial Industry Regulatory Authority ("FINRA") also
approved the implementation of a 1-for-165 reverse split of the
Company's common stock in connection with a restructuring of the
Company to put it in a better position to raise capital and move
forward.
About foru Holdings, Inc. (OTC: WELLD)
foru Holdings, Inc. (www.foruholdings.com) partners with and
acquires visionary enterprises in the health and wellness space
producing progressive, broad-based solutions for better physical,
nutritional and emotional health worldwide. foru Holdings, Inc.
works with companies in varying stages of development: from
consumer products to media and technology and biotechnology. It
provides operating infrastructure, strategic pathways and financial
support to get companies to the mass market quickly and
efficiently.
Forward-looking Statements
This news release may contain "Forward-looking Statements"
within the meaning of Section 21E of the United States Securities
Exchange Act, as amended. All statements in this news release,
other than statements of historical fact, are forward-looking
statements that involve various risks and uncertainties. There can
be no assurance that such statements will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such statements. This notice expressly qualifies all
forward-looking statements in this news release.
SOURCE foru Holdings, Inc.