WILMINGTON, Del., March 30, 2015 (GLOBE NEWSWIRE) -- Redux Holdings, Inc. (OTC:RDXH) is proud to announce the retirement of 6,000,000 shares off of the Outstanding Common Stock. This Retirement represents a 11.99% reduction of the Outstanding Common shares.
These corporate actions represent the first step in our overhaul of the share structure and our intent to reduce it to well below 40,000,000 shares on the outstanding common stock.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
CONTACT: Redux Holdings, Inc. (302) 235-3141 firstname.lastname@example.org
Source:Redux Holdings, Inc.