JACKSONVILLE, Fla., Sept. 24, 2013 (GLOBE NEWSWIRE) -- Stakool, Inc. (OTCQB:STKOD), a developer of health and wellness products, announced that it has recently approved an amendment to its Articles of Incorporation reducing the number of Authorized Shares from 4,000,000,000 down to 975,000,000. The company will be filing a 14C and the reduction of shares should be effective upon its acceptance.
Kevin P. Quirk, CEO of Stakool was quoted as saying, "Reducing the Authorized Shares should enhance investor confidence while eliminating any illusion of dilution." In addition, the company will begin the process for a name change as well as a new symbol to better align and more clearly communicate our vision, mission and values. When these changes are made, the company will apply for a new CUSIP number.
The Company continues to move ahead with recently announced acquisition of high-pressure processor and development of its new Consumer Product Group.
High Pressure Processing (HPP) has shown to reduce bacteria such as Listeria, E.coli, and Salmonella in packaged refrigerated products as diverse as ready-to-eat meats and raw ground beef and poultry; fresh fruits, juices, and smoothies; soups, wet salads, and sauces; and seafood and shellfish.
About Stakool Inc.
Based in Jacksonville, FL, Stakool, and its subsidiaries seek "to be the catalyst to a better quality of life by offering health and wellness solutions that make sense and fit into the everyday lives of all consumers". Focused on three key strategic sectors; Food Processing, Water Management and Consumer Products, Stakool sets itself apart from the competition by marrying innovative technology and product development with perceptive marketing and sales service strategy.
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of Stakool, Inc./Anthus Life Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
CONTACT: Melissa Diaz. South Street Media, Inc. Phone: (917) 937-8968 Email: firstname.lastname@example.orgSource:Stakool, Inc.