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
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.