DIGILAVA, INC. ANNOUNCES REVERSE SPLIT AND NAME CHANGE
May 26 2015 - 10:46AM
InvestorsHub NewsWire
DIGILAVA INC.
ANNOUNCES REVERSE STOCK SPLIT AND NAME CHANGE
DENVER, CO, May
26, 2015- Digilava, Inc., (OTC:
DGLV) announced today that it will effect a one-for-one-hundred
reverse stock split of its common stock, par value $.001 per
share and a name change to WGE HOLDINGS CORP. The reverse
stock split is planned to take effect at the open of trading on May
27, 2015. The reverse share split and name change was approved by
order of the Receiver for Digilava, Inc., on April 30,
2015.
As of the
effective time of the reverse stock split, each issued and
outstanding share of common stock of the Company will be
reclassified and reduced into one-one-hundredth of a share of the
common stock. Fractional shares shall be rounded up to the
nearest whole share in connection with the split, and Shareholders
will receive a minimum of 100 shares post-split, paid down to the
beneficial holder level.
The symbol for
the common stock will change from DGLV to DGLVD for a period of 20
days. We have applied for the symbol WGEE for the stock. If this
symbol is available it will reflect after this 20 day
period.
Shareholders do
not need to surrender their certificates to receive the post-split
shares. If a Shareholder chooses to surrender their certificate for
the new shares, they will be responsible for the transfer agent
fees. Shareholders holding shares in “street name” do not
need to take any action as a result of this stock split.
Contacts:
Robert Stevens, Receiver
720-442-7000
First American
Stock Transfer
4747 N. 7th
Street, Suite 170
Phoenix, AZ
85014
602-485-1346
Phone