Great pr out on 08/27...
KKS Venture Management Inc. Updates Capitalization Information
1:31p ET August 27, 2007 (Business Wire)
KKS Venture Management Inc. (OTC:KKSV) announces an update to its capitalization.
The Company is pleased to announce that it has reduced the number of shares issued and outstanding by half, without effecting any reverse stock split. The current issued and outstanding shares as of the date of this release are 214,210,173. The Company plans to continue strengthening through similar efforts that benefit the shareholder value.
About KKS
KKS Venture Management Inc. is a venture holding company, providing capital and consulting services to its partner companies. KKS focuses on emerging growth opportunities in the private and over the counter markets. The Company believes that the broad approach to managing its interest will bring the benefits of diversification and growth to its shareholders and partners.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the Company's operations, imprecision in estimating product reserves and the Company's ability to replace and expand its interests. KKS Venture Management Inc. assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.
SOURCE: KKS Venture Management Inc.
KKS Venture Management Inc. Alfonso Knoll, 610-678-6900
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