MISSION VIEJO, Calif., Feb. 12, 2013 (GLOBE NEWSWIRE) -- Embark Holdings, Inc. (OTC:GFMD) received notification that effective February 14, 2013 Financial Industry Regulatory Authority ("FINRA") will complete the process of a 1 for 2000 reverse stock split and a symbol change. This action followed stockholder approval by written consent of the majority of the stockholders taken without a meeting on January 2, 2013 which approval granted authority to the Company's Board of Directors to affect a reverse stock split of the Company's authorized issued common stock, a symbol change and reduce the authorized common stock from 2,000,000,000 (2 Billion) to 500,000,000 (Five Hundred Million).
Embark Holdings Files A Reverse Stock Split, Symbol Change And Reduces Authorized Shares
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