Tuesday, June 28, 2011 12:55:09 PM
Real American Capital Corporation Commences New Business Plan
Last update: 6/28/2011 12:50:00 PMLAWRENCE, N.Y., June 28, 2011 /PRNewswire via COMTEX/ -- Real American Capital Corporation (RLABD.PK) announced today its initiation of the new business plan and its consequent change and recapitalization. The company has filed with FINRA to change its name from Real American Brands, Inc., reduce the number of shares outstanding by a reverse split of 1 for 20, while eliminating all preferred stock. The ticker symbol will remain the same. However, it will have a "D" added to the end of the symbol, until approximately July 19th.
Unveiling a summary of its new business venture, Richard E. Goulding, M.D., Chairman, President, and CEO of Real American Capital Corporation, will pursue the business of consulting with other quality public and private companies, while capitalizing on its uniquely robust shareholder base. In doing so, Dr. Goulding reported that "we will honor our promise to the departing president and chairman, Doug Newton, to do everything in our power to bring value to our current and future RLAB shareholders through the pursuit of the foregoing."
Dr. Goulding further reported that "the company plans to change its current OTC Pink status of 'caveat emptor' as soon as possible, and the longer term plans are to become fully reporting and move to one of the higher tiers of the OTC Markets."
Under the new business plan, the goal of Real American Capital Corporation is to help companies better profit from its own business. Real American Capital Corporation will provide five basic services under the new plan: Assisting Quality Private Companies to become public. Facilitating better access to quality Professional Services for clientele companies. Helping Public Companies to enhance their public status, including introducing them to the Company's robust investor following, which includes our approximately 1,000 shareholders, in pursuit of enabling such clientele companies to enjoy a more substantial shareholder base. In this way, Real American Capital Corporation anticipates enhancing the liquidity in the portfolio company's stock. Furnishing Shareholders with shares in many of clientele companies. Providing long-term Financing for portfolio company operations.
Contact: Howard SalamonCompany Name: Real American Capital Corp.Telephone Number: 516-371-9440E-mail Address: Howard@RealAmericanCapital.com SOURCE Real American Capital Corporation Copyright (C) 2011 PR Newswire. All rights reserved
Last update: 6/28/2011 12:50:00 PMLAWRENCE, N.Y., June 28, 2011 /PRNewswire via COMTEX/ -- Real American Capital Corporation (RLABD.PK) announced today its initiation of the new business plan and its consequent change and recapitalization. The company has filed with FINRA to change its name from Real American Brands, Inc., reduce the number of shares outstanding by a reverse split of 1 for 20, while eliminating all preferred stock. The ticker symbol will remain the same. However, it will have a "D" added to the end of the symbol, until approximately July 19th.
Unveiling a summary of its new business venture, Richard E. Goulding, M.D., Chairman, President, and CEO of Real American Capital Corporation, will pursue the business of consulting with other quality public and private companies, while capitalizing on its uniquely robust shareholder base. In doing so, Dr. Goulding reported that "we will honor our promise to the departing president and chairman, Doug Newton, to do everything in our power to bring value to our current and future RLAB shareholders through the pursuit of the foregoing."
Dr. Goulding further reported that "the company plans to change its current OTC Pink status of 'caveat emptor' as soon as possible, and the longer term plans are to become fully reporting and move to one of the higher tiers of the OTC Markets."
Under the new business plan, the goal of Real American Capital Corporation is to help companies better profit from its own business. Real American Capital Corporation will provide five basic services under the new plan: Assisting Quality Private Companies to become public. Facilitating better access to quality Professional Services for clientele companies. Helping Public Companies to enhance their public status, including introducing them to the Company's robust investor following, which includes our approximately 1,000 shareholders, in pursuit of enabling such clientele companies to enjoy a more substantial shareholder base. In this way, Real American Capital Corporation anticipates enhancing the liquidity in the portfolio company's stock. Furnishing Shareholders with shares in many of clientele companies. Providing long-term Financing for portfolio company operations.
Contact: Howard SalamonCompany Name: Real American Capital Corp.Telephone Number: 516-371-9440E-mail Address: Howard@RealAmericanCapital.com SOURCE Real American Capital Corporation Copyright (C) 2011 PR Newswire. All rights reserved

