LAS VEGAS, Jan. 9, 2014 /PRNewswire/ -- Hui Ying
Technology and Media Group Holding Company (OTC PINK: HUIY), a
development stage company planning to develop and operate a chain
of high-end resorts catering to the LGBT community under the name
Andalusian Resorts and Spas (the "Company"), today announced the
completion of a thirty-for-one forward stock split of its issued
and outstanding common stock (the "Forward Split"). Following
the Forward Split, shareholders received 30 additional shares of
the Company's common stock for each share that they owned as of
December 26, 2013, the effective date
of the Forward Split. The Forward Split increased the
Company's issued and outstanding shares of common stock from
3,200,100 to 99,203,100 common shares.
Further, the Company is pleased to announce that on January 2, 2014, it received approval for digital
transmission of shares (DTC), which will allow it to transmit
shares anywhere in the world, potentially opening up additional
credit and investment facilities for the Company.
About Andalusian Resorts and Spas "WE ARE A STRAIGHT FRIENDLY
COMPANY"
Upon obtaining sufficient financing, the Company plans to own
and operate a premier luxury boutique hotel and resort chain
catering to men and welcoming women, where exceptional care,
attention to detail, and the comfort of its guests are its ultimate
mission. Each of its premier, full-service locations will
strive to maintain a 4 or 5 star rating.
Andalusian intends to bolster and support, the LGBT community as
a leader in the marketplace offering services, events, outreach and
worldwide recognition through quality of service, community
support, and leadership understanding, in a way which is now made
acceptable to all.
Andalusian intends to fund and endow a charitable foundation
with a portion of its revenues, whose purpose is to, among other
things, foster education and awareness regarding the worldwide LGBT
community. "LET'S OPEN THIS DOOR TOGETHER"
Matters discussed in this press release contain forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements are based on various assumptions
and involve substantial risks and uncertainties, including, without
limitation, those relating to the integration of Andalusian Resorts
and Spas, Inc. into our company, our ability to obtain financing
necessary to do so, the execution of its business plan and many
other factors which may or may not be beyond our control.
SOURCE Hui Ying Technology