Suffer Begins Process of Corporate Name Change
20 April 2012 - 9:30PM
Marketwired
SUFFER, (PINKSHEETS: SUFF)
SUFFER (PINKSHEETS: SUFF) today announced that it is taking the
first steps to effect a change in the name of the public company to
reflect its expanded focus, upcoming acquisitions and increase the
Company's global marketability and branding.
A Board resolution detailing the name change is expected to be
signed off on today. Company Council is working on the name change
application with Finra as well as submission to the Nevada
Secretary of State. The Company has NO PLANS
to seek a reverse split. Full details including the proposed new
Company name and new website will be announced shortly.
The name change is being undertaken to more accurately reflect
the company's current focus, specifically expanding into areas
outside of apparel and becoming a holdings corporation with several
subsidiaries. The Company has been working on several acquisitions
in technology and media.
Joseph Lewis, President, stated, "This will broaden the range of
the public company's products and services globally and bring
increased revenues and greater shareholder value."
Safe Harbor Statement: This release
includes forward-looking statements intended to qualify for the
safe harbor from liability established by the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
generally can be identified by phrases such as SUFFER (SUFF) or its
management "believes," "expects," "anticipates," "foresees,"
"forecasts," "estimates" or other words or phrases of similar
import. Similarly, statements herein that describe the Company's
business strategy, outlook, objectives, plans, intentions or goals
also are forward-looking statements. All such forward-looking
statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those in
forward-looking statements.
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