Someone smack her, please.
"The name change to Aluf Holdings reflects the Company's transition to a new management team and board of directors, along with the adoption of a broader growth strategy," said Teresa McWilliams, the Company's newly elected Interim President/Chief Executive Officer. Ms. McWilliams further stated, "The purpose of this reverse stock split is to position the Company to become listed once again on a national exchange, subject to our ability to satisfy the listing requirements, which should allow the company access to a much larger group of investors that will only invest in companies that are nationally listed, as well as enhanced liquidity to our shareholders. We look forward to the enhanced recognition and accessibility that a possible listing on a national exchange will bring."
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