Left Behind Games, Inc. dba Inspired Media 3-for-2 forward stock split postponed to October 9, 2009
MURRIETA, CA, Sept 28, 2009 /PRNewswire-FirstCall via COMTEX/ -- Left Behind Games Inc. (OTC: LFBG), dba Inspired Media Entertainment, today announced that the Company has postponed its anticipated three-for-two forward stock split by one week. The new record date has been postponed to Friday, October 9, 2009. Shareholders who own shares as of the close of business on the record date will benefit from the forward stock split. At 12:01am (EST) on October 10, 2009, every two shares of issued and outstanding common stock held by a stockholder will be converted and reconstituted into three shares without any further action by the stockholder. Fractional shares resulting from the forward stock split will be rounded up to the nearest whole number. CEO, Troy Lyndon, says, "The purpose of this forward split is to give shareholders increased leverage and liquidity. We want to reward those who have been with the company by increasing their number of shares. We also want to encourage new investors to join us as we are the only public company that develops and publishes clean, wholesome, Christian video games for our youth and adults alike."
Beginning October 12, 2009, Inspired Media products will be part of a Christian games test conducted by Walmart in the Dallas / Houston, Texas markets. The Company believes Christian games will continue to rise in popularity, similarly to Christian music in the 1990s.
Inspired Media currently publishes six games including Charlie Church Mouse, Keys of the Kingdom, and Tribulation Forces, the sequel to the original game LEFT BEHIND: Eternal Forces, known as the most widely distributed Christian PC game in history. The Company's LEFT BEHIND branded games are based upon the popular novel series by Tim LaHaye and Jerry Jenkins which have sold more than 65 million books in 30 languages worldwide.
In contrast to many other games, Inspired Media games encourage positive decisions and actions. Rather than the usual "winning" by using weapons and killing the enemy, players are rewarded when their characters use the power of influence to bring about good rather than destruction.
About Left Behind Games Inc.
Left Behind Games Inc., also known as Inspired Media Entertainment (www.inspiredmedia.com), has become one of the world's leading independent developers and publishers of quality interactive entertainment products that perpetuate positive values and appeal to mainstream and faith-based audiences. For samples for your church or school, go to http://www.supportgoodgames.com. The contents of the aforementioned websites are not incorporated by reference herein.
Left Behind Games Inc. – CEO Update Dear Fellow Stockholders: Today, I have received numerous calls with questions relating to a variety of issues. The purpose of this letter is to provide clarification. Explanation of the Forward-Split Postponement The postponement was nothing more than a delay in our filing to FINRA, which resulted from our underestimated time necessary to assemble and provide the information required. That filing was completed yesterday, which must occur at least 10 days prior to the effective date of the forward-split, and the process is now officially moving forward.
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