RRLB the Original News Jan 8 2007
January 8, 2007 - 12:23 PM EST
Red Reef Labs Clarifies Procedures to Receive Benefits of the 6 for 1 Forward Stock Split
DEERFIELD BEACH, Fla., Jan. 8, 2007 (PRIME NEWSWIRE) -- Red Reef Laboratories International, Inc. (Pink Sheets:RRLB) announced today many investors and brokers have inquired on the procedures for converting shares held in Red Reef Labs (RREF) to receive the benefit of the 6 for 1 split (RRLB) effective January 5, 2007; management feels obliged to attempt to make the process clear.
-- The original, pre-split shares held in certificate form need to be sent into the transfer agent, Pacwest Transfer, LLC, to be redeemed for the post-split shares.
-- Any shares already held in brokerage accounts via the Depository Trust Company ("DTC") should automatically adjust without any action needed on your part. It typically takes two to four days for delivery of the additional shares.
The new post-split shares have a new CUSIP number and stock symbol; (RRLB).
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
To access more information, please visit our web site www.rrlabs.biz
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RRLB possible mass Short Posistion News just now
February 16, 2007 - 2:18 PM EST
RRLB 0.026 0.013
Today 5d 1m 3m 1y 5y 10y
Red Reef Changes Stock Symbol; Company Urges Transfer Exchange
DEERFIELD BEACH, Fla., Feb. 16, 2007 (PRIME NEWSWIRE) -- Red Reef Laboratories International, Inc. (Pink Sheets:RRLB) feels obliged to remind market makers and the investing public that the recent six for one stock split was effected in such a way as to make the original shares obsolete, unless exchanged for new shares at our transfer agent, PacWest Transfer, LLC by making physical delivery. The pre-split original shares are not "good delivery" against the new shares which have a new CUSIP number and new Trading Symbol (RRLB). We encourage our stockholders to make the transfer as soon as possible. If there are any questions about procedure, do not hesitate to call Red Reef at 954-725-9475, or PacWest Transfer, at 540-675-3129.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
To access more information, please visit our web site www.rrlabs.biz
CONTACT: Red Reef Laboratories International, Inc.
Dr. Claus Wagner-Bartak
(954) 725-9475