Thursday, July 08, 2021 8:57:34 AM
"We have achieved strong momentum in the first half of 2021, and this stock split is another indication of our confidence in our business," said Leonard K. Armenta Jr., President of Torque Lifestyle Brands. "We continue to see strong sales from our American Metabolix acquisition, and this strategic move will help to improve our capital markets appeal to investors and to pursue our longer-term objective to file a Form 10 and uplist to a national exchange. We are confident in our future growth prospects, and the immediate goal to make Torque shares more accessible to a broader market."
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