HCFE, Now HCFI With A Reverse Split – Healthy Coffee International
Healthy Coffee International, Inc. has recently changed its stock symbol from HCFE to HCFI. The company, headed by CEO Rick Aguiluz, has also announced a Reverse Stock Split of 1 share for each 10,000 shares held. The split will raise the stock price from $0.0001 to $1.00. For me this means I’d be holding 1 hundred shares instead of the original 1 million. The terms of the split will require all shareholders to turn in a physical certificate in order to receive their new shares.
The new company is currently in a fund raising phase for the official pre-launch of the international marketing campaign in June, 2008 and launch of its new products in Japan, Philippines, Colombia, China, Chile, Sweden, New Zealand, Australia and Romania.
The companie’s restructuring and new stock trading symbol comes as a indication its moving out of the developmental stage and into marketing and expansion mode to better serve current and new shareholders that would like to buy the HCFI stock.
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[...] or “Health Coffee USA” restructured its game plan for the better with a stock symbol change and a reverse split just a couple of weeks ago. Since then, the stock has taken a sharp dive from $1.01 all the way [...]