MAHWAH, N.J., April 11, 2012 /PRNewswire/ -- Heartland Bridge
Capital, Inc., (OTCBB:HLBC.OB - News) announced that it has
obtained stockholder approval to change the name of the Company to
InterCore Energy, Inc. This change reflects the Company's
strategic decision to increase the emphasis of its investment,
acquisition, and/or product development efforts in the energy
sector.
To support its new strategic focus, the Company also announced a
9 for 1 forward split of the Company's outstanding common stock.
The Board and stockholders believe that the forward split is in the
Company's best interests, as the increase in shares available at a
lower price in the marketplace may be more attractive to potential
stockholders.
The name change and the forward split are expected to become
effective in early May.
"Energy has always been an integral part of our focus and an
obvious personal strength," said James F.
Groelinger, InterCore's CEO and a highly reputed
international energy expert. "We have assembled an excellent
portfolio of investments in the life sciences arena since our
inception and look forward to maximizing their value to our
shareholders. For the longer term, though, we believe that a
more intense focus under our new name on the many exciting
opportunities in the energy sector will provide returns at least as
attractive but with better marketplace understanding and
response."
Heartland Bridge Capital, Inc. (OTCBB:HLBC.OB), soon to be known
as InterCore Energy, Inc., is a public company that participates in
emerging companies run by exceptionally talented entrepreneurs and
operating executives who are dedicated to generating superior
financial returns while creating positive change in our
world. HLBC functions as an owner, product developer, and
investor focused primarily on providing equity, acquisition debt,
or bridge financing to emerging high-growth companies and
entrepreneurs primarily in the area of clean energy and secondarily
in the area of life sciences.
www.heartlandbridgecapital.com.
To request an investor packet, or to receive updates on
Heartland Bridge Capital register online at
www.wallstreetnewscast.com/request/hlbc.html
Safe Harbor Notice
Certain statements contained herein are "forward-looking
statements" (as defined in the Private Securities Litigation Reform
Act of 1995). Heartland Bridge Capital, Inc. cautions that
statements made in this news release relating to the potential
investment in and the business direction of the Company constitute
forward-looking statements and makes no guarantee of future
performance. Forward-looking statements are based on
estimates and opinions of management at the time statements are
made. These statements may address issues that involve
significant risks, uncertainties, estimates, and assumptions made
by management. Actual results could differ materially from
current projections or implied results. Heartland Bridge
Capital, Inc. undertakes no obligation to revise these statements
following the date of this news release.
Contact:
Melissa J. Diaz
South Street Media, Inc
Phone: (917) 937-8968
Email: info@southstreetmedia.com
SOURCE Heartland Bridge Capital, Inc.