Order Logistics Announces Capital Restructuring and Symbol Change
Thursday July 26, 9:07 am ET
CHAMPAIGN, IL--(MARKET WIRE)--Jul 26, 2007 -- Order Logistics, Inc. (Other OTC:ODLO.PK - News) (www.OrderLogistics.com) announces a 10 for 1 reverse stock split and a symbol change to ODLO.PK.
The purposes of the reverse split are to increase the per share trading price of ODLO's common stock, thereby appealing to a broader range of investors and financial institutions. The belief is this will provide a more attractive capital structure in our pursuit of qualified acquisition candidates. To the extent that the reverse split does succeed in attracting more investor interest in the stock, shareholders may also benefit from improved trading liquidity of the stock.
About Order Logistics
ORDER LOGISTICS, Inc. is implementing its strategic, technical and operational plans for helping great companies discover, manage and execute effective global supply chain strategies. Our team, technology, strategies, solutions, and dedicated transportation resources allow organizations to have world-class visibility, information and controls without disrupting existing plans, processes, partnerships, and information systems. We leverage our technology, business solutions, operational expertise, and a centralized capacity network of transportation providers to take advantage of logistical opportunities and provide end-to-end solutions for our customers. This allows each customer to gain control over their unique distribution network and utilize their existing information systems to their full capacity.
Built on state-of-the-art architecture and technology, Order Logistics harnesses the power of the Internet, facilitating communication between business partners using open Internet standards. Order Logistics facilitates a seamless workflow linking inter-related business processes between disparate business partners.
Forward-Looking Statements: This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
Contact:
For information contact:
Ezra Smith
C. Jones Consulting Inc.
727-771-9500
727-771-9545 Fax
ezra@jonesconsulting.com
