Wednesday, July 06, 2011 6:58:32 PM
Zamage Digital Art Imaging, Inc. (PINK SHEETS: ZMGD) (www.zamagedigitalcorp.com) management announces steps to reduce the number of outstanding shares by 2.2 billion shares.
These are restricted shares being purchased from a majority shareholder. The current outstanding share structure of ZMGD (see OTC Markets at www.otcmarkets.com/stock/ZMGD/company-info) sits currently at 2,653,738,095. This will be reduced by 2.2 billion shares to be approximately 450 million outstanding shares. OTCMarkets (Pink Sheets) and the State of Nevada will be updated shortly.
More updates to follow shortly and frequently.
-Zamage Digital Art Imaging, Inc. (PR) (July 6, 2011)
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