Robotech Inc. Announces Name Change and Reverse Split
July 04 2012 - 12:25PM
Robotech Inc (Pink Sheets:RBTK) announced today that the Company's
Board of Directors has approved a re-orientation of the business
direction of the Company into the mining industry. As such, it has
made an offer to the shareholders of the Nevada based corporation,
Zhen Ding Resources Inc., to acquire up to 100% of the common stock
of Zhen Ding Resources Inc. Zhen Ding is currently developing a
gold-silver-copper mine in Anhui Province in China. Zhen Ding
operates in China through a 70% held Chinese Joint Venture company.
In anticipation of this acquisition, Robotech Inc. has changed
its name to Zhen Ding Resources Inc. and did a reverse split of its
common shares in the ratio of 1 for 100. This corporate action will
be effective at the commencement of trading July 5, 2012. The
shares will trade under the symbol, RBTKD for 20 business days, at
which time it will revert to RBTK.
Safe Harbor
Certain statements contained herein are ''forward-looking''
statements (as such term is defined in the Private Securities
Reform Act of 1995). Because such statements include risks and
uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements.
CONTACT: Robotech Inc.
Moshe Milstein
(718) 696-6000
Zhen Ding Resources (PK) (USOTC:RBTK)
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