![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, March 24, 2007 11:39:44 AM
Rent Finders USA, Inc. will be divesting its Florida operations and completing a 1 for 2000 share reverse common stock split this month.
PURCELLVILLE, Va. (EWORLDWIRE) Mar 7, 2007
Rent Finders USA, Inc. (Pink Sheets: RFDU) is announcing the sale of its Florida operations, Jordyn Taylor Properties, Inc., to existing management for $400,000. The consideration will be taken back as a note and most likely be effective as of February 28, 2007. The company is also announcing a 1 for 2000 common share reverse stock split to be effective March 19, 2007. Fractional shares will round up.
"The Board and most of its material stakeholders have decided it is time to make a change. We intend to negotiate much of our subordinate debt into equity, and realign our business under assets that will be more technological than brick and mortar," stated CEO William H. Luckman.
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM