ISGI Announces 100 for 1 Reverse Stock Split
October 04 2013 - 5:00PM
International Safety Group Inc. (ISGI) (the "Company") announces
that its board has approved a reverse stock split at an exchange
ratio of 100 for 1. The number of authorized shares of common stock
was also reversed at the same ratio. The reverse stock split will
be effective at the opening of trading on Thursday, October 10,
2013. The common stock will continue to trade on the OTC Markets
under the same symbol (ISGI).
When the reverse stock split becomes effective, every 100 shares
of issued and outstanding common stock will automatically be
combined into one share of issued and outstanding common stock
without any change in the par value per share. Stockholders will
not receive fractional post-reverse stock split shares in
connection with the reverse stock split; fractional shares will be
rounded up.
About International Safety Group
International Safety Group provides turnkey occupational risk
management services, including construction safety, fire safety,
training and supplies on major construction projects throughout New
York City and the tri-state area. http://www.isafetygroup.com
Forward Looking Statements
This letter contains certain forward-looking statements of our
intentions, hopes, beliefs, expectations, strategies, and
predictions with respect to future activities or other future
events or conditions. These statements are usually identified by
the use of words such as "believe," "will," "anticipate,"
"estimate," "expect," "project," "plan," "intend," "should,"
"could," or similar expressions. These statements are only
predictions and involve known and unknown risks, uncertainties and
other factors. Actual results may be materially different from the
results, levels of activity, performance or achievements, express
or implied by these forward-looking statements.
Although we believe that the assumptions underlying the
forward-looking statements contained herein are reasonable, any of
the assumptions could be inaccurate, and, therefore, there can be
no assurance that the forward-looking statements included in this
report will prove to be accurate. We will not update these
statements unless the securities laws require us to do so.
Accordingly, you should not rely on forward-looking statements
because they are subject to known and unknown risks, uncertainties,
and other factors that may cause our actual results to differ
materially from those contemplated by the forward-looking
statements.
CONTACT: Michael R. Gianatasio, P.E.
CEO
International Safety Group
708 3rd Avenue, 11th Floor
New York, NY 10017
Office: (212) 344-1105
Direct Fax: (914) 470-1133
Corporate Advisory:
Anthony Furey
Managing Partner
Fastnet Advisors, LLC
4 West Main Street
Bay Shore, NY 11706
Office: (631) 665-1234
Direct Fax: (917) 554-7635