Wednesday, October 03, 2007 1:47:18 PM
Tuesday, October 02 2007 6:44 PM, EST
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PRESS RELEASE: Teletek, Inc. Announces Reverse Split and Name Change
Dow Jones & Company, Inc. "DJNS Original Stories "
LAS VEGAS, Oct. 2 /PRNewswire-FirstCall/ -- On August 31, 2007, Teletek, Inc. (Pink Sheets: TLTK) ("the Company") notified its shareholders that it was effecting a 400 to 1 reverse split and change in its name to a name to be determined by the Board of Directors ("the Board") at a later date. The Board subsequently changed the Company's name to Marani Spirits International, Inc.
The Company has submitted information to obtain a new trading symbol which will reflect the 400 to 1 reverse split and new name. The symbol has not yet been issued.
Forward-Looking Statements
Statements contained herein that are not historical facts are forward- looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the Company's ability to obtain additional financing and the demand for the Company's products. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
SOURCE Teletek, Inc.
/CONTACT: Mercantile Ascendency, +1-214-461-3500
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