LAS VEGAS, NV--(MARKET WIRE)--Jan 15, 2009 -- Easy Energy, Inc. (OTC BB:ESYE.OB - News), inventor and manufacturer of the YoGen® product suite, a line of compact, highly innovative man-powered generators for use in recharging portable electronic devices, ranging from cell phones to laptop computers, is pleased to announce that it has begun the process of obtaining shareholder approval to significantly reduce the Authorized Shares of company stock from the current limit of 1 billion down to 150 million.
"We are excited to be moving quickly to complete the process of reducing Easy Energy's authorized shares," commented Guy Ofir, CEO of Easy Energy. "This significant reduction is an expression of both the progress that the company and its YoGen® products have made to date and our confidence of more advances to come in the near future with regard to product development, and penetration of, what is currently, a target market which is extremely large, yet grossly underserved. The significantly diminished A/S will make our stock more attractive to own for current shareholders and more attractive to acquire for prospective investors."
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