EffTec International. Inc. Today announced that its board of directors has decided to abandon and cancel the reverse stock split that was previously approved
LAS VEGAS, NEVADA, UNITED STATES, July 16, 2018 /EINPresswire.com/ — EffTec International, Inc. (OTC PINK: EFFI) Today announced that its board of directors has decided to abandon and cancel the reverse stock split that was previously approved. Per the update, the board believes that, given the company’s upcoming joint venture and changes in the market since the time of the approval, it is in the best interest of EffTec International to cancel the reverse split.
Efftec International, Inc. is a holding company whose mission is to continue its steady growth and become a market leader through strategic acquisitions and organic growth. The company's core business focus is on sales of hardware and nutrients into the hydroponics and indoor growth markets.
Safe Harbor Provisions: This Press Release may contain, among other things, certain forward-looking statements, including, without limitation (i) statements with respect to the Company's plans, objectives, expectations and intentions, and (ii) other statements identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," or similar expressions. These statements are based upon the current beliefs and expectations of the Company's management.
John Morris Jr.
EffTec International, Inc.
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Source: EIN Presswire