Corporate Restructuring for Legacy Platinum Group
November 14 2013 - 6:45PM
Legacy Platinum Group Inc. (Pink Sheets:LWSP) reports that the
Company has changed the structure of its common stock.
A Certificate of Change to its Articles of Incorporation was
filed with the State of Nevada whereby One (1) share of common
stock will be issued after the change for every Nine (9) shares of
common stock outstanding prior to the change. The CUSIP Number has
changed from 524704 10 3 to 524704 20 2.
This reverse stock split will not involve a change in the
authorized capital of the Company. The reverse stock split has been
approved by FINRA and the effective date is November 15, 2013. The
Company's trading symbol will be as "LWSPD" for 20 business days
and then revert back to "LWSP".
Jaclyn Cruz, President of the Company, states, "Since the
Company's main focus will no longer be solely the import wine
business, reducing the number of shares issued will make our
capital structure more attractive to potential investors and
provide greater flexibility in structuring financings and pursuing
other corporate development opportunities."
Visit our site: www.legacywineandspirits.com
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements contained herein which are not
historical fact are forward-looking statements that are subject to
risks and uncertainties that could cause actual results to differ
materially from those expressed in the forward-looking statements,
including, but not limited to, certain delays in testing and
evaluation of products and other risks detailed from time to time
in Legacy's filings with the Securities & Exchange
Commission.
CONTACT: Jaclyn Cruz, President
1-888-488-6882
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