Stakool, Inc. Announces Reduction of Authorized Shares
September 24 2013 - 9:46AM
Stakool, Inc. (OTCQB:STKOD), a developer of health and wellness
products, announced that it has recently approved an amendment to
its Articles of Incorporation reducing the number of Authorized
Shares from 4,000,000,000 down to 975,000,000. The company will be
filing a 14C and the reduction of shares should be effective upon
its acceptance.
Kevin P. Quirk, CEO of Stakool was quoted as saying, "Reducing
the Authorized Shares should enhance investor confidence while
eliminating any illusion of dilution." In addition, the company
will begin the process for a name change as well as a new symbol to
better align and more clearly communicate our vision, mission and
values. When these changes are made, the company will apply for a
new CUSIP number.
The Company continues to move ahead with recently announced
acquisition of high-pressure processor and development of its new
Consumer Product Group.
High Pressure Processing (HPP) has shown to reduce bacteria such
as Listeria, E.coli, and Salmonella in packaged refrigerated
products as diverse as ready-to-eat meats and raw ground beef and
poultry; fresh fruits, juices, and smoothies; soups, wet salads,
and sauces; and seafood and shellfish.
About Stakool Inc.
Based in Jacksonville, FL, Stakool, and its subsidiaries seek
"to be the catalyst to a better quality of life by offering health
and wellness solutions that make sense and fit into the everyday
lives of all consumers". Focused on three key strategic
sectors; Food Processing, Water Management and Consumer Products,
Stakool sets itself apart from the competition by marrying
innovative technology and product development with perceptive
marketing and sales service strategy.
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed
in this press release are forward-looking, and are made pursuant to
the Safe Harbor provisions of the Private Securities Litigation
Reform Act of 1995. Statements made herein regarding the
intent, belief or current expectations of Stakool, Inc./Anthus Life
Corp. are forward-looking statements that reflect numerous
assumptions, risks and uncertainties, many of which are beyond our
control, and any of which could cause our actual future results to
differ materially from our stated expectations today.
Prospective investors are cautioned that our forward-looking
statements are never guarantees of future performance.
Important factors currently known to management that could
cause our actual future results to differ materially from those
indicated in our forward-looking statements today include our
limited operating history, fluctuations in our operating results,
our ability to compete successfully and our ability to attract
necessary capital on satisfactory terms. Except as required
by applicable law, we undertake no obligation to update or revise
our forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated future events or changes in our future
operating results.
CONTACT: Melissa Diaz.
South Street Media, Inc.
Phone: (917) 937-8968
Email: info@southstreetmedia.com