ST. PETERSBURG, FL -- (Marketwire) -- 11/01/10 -- Title Consulting Services, Inc. (PINKSHEETS: TITL) announced for the Q1 period, August 1, 2010 to October 31, 2010, the following common share structure:
Authorized Common Shares: 1,000,000,000 Outstanding Common Shares: 145,802,300 Common Share Float: 58,415,000 Restricted Common Shares: 87,387,300
August 24, 2010 the Company announced that it had authorized a reduction of the authorized common shares from 20,000,000,000 to 1,000,000,000 and the appropriate filings were made with the Secretary of State.
August 24, 2010 the company issued 10 million shares of common stock.
October 14, 2010 the company converted a portion of debt into equity, issuing 20 million shares of common stock pursuant to the convertible note.
TITL has not placed a "gag" order on its transfer agent.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
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