Date: Wednesday, August 6 2008
NEWPORT BEACH, Calif. -- NutriPure Beverages, Inc. (Pink Sheets:NUBV) announced today that despite rumors to the contrary, NutriPure has not filed for a reverse stock split and has no immediate plans to do so. NutriPure Chairman and CEO Kenyatto Jones commented as follows: "It has come to our attention that rumors are circulating on Internet chat boards that NutriPure has filed for a reverse split of its common shares. In fact, no such filing has been made, nor is that issue under discussion or being contemplated at this time. These rumors have most likely come about as a result of the large increase in the company's trading volume over the past week or so. We will always make decisions based on what we feel is in the best interest of the company and its shareholders. Our next Board meeting is scheduled for mid-September and at that time our Board will decide what further action, if any, should be taken in this matter. Meanwhile, we are very pleased with the recent activity and liquidity of our stock, and are very busy with our activities regarding XND Technologies, Inc. and Moneymaker 1 LLC. We expect to be releasing additional information about these ventures over the next few days."
5 months and later we get the 1:50000 R/S
Dec. 6, 2010, 8:30 a.m. EST
NutriPure Beverages, Inc. Addresses Rumors of Restructuring and Affirms Focus on Nu2O Product Launch
NEWPORT BEACH, CA, Dec 06, 2010 (MARKETWIRE via COMTEX) -- NutriPure Beverages, Inc. (pinksheets:NBVG) confirmed today that it has no current plans for a reverse split of the company's common shares. NutriPure CEO Kenyatto Jones stated, "Current rumors being spread by certain contributors to Internet chat boards regarding NutriPure's intentions are untrue and unfounded and did not emanate from the company. Our immediate focus is on bringing our Nu2O product line to market and on solidifying one or more of the acquisitions we have been pursuing, and we have no plans for, nor have we had any discussions about a, reverse split of our stock. Furthermore, I want to emphasize that any possible restructuring that this company might consider in the future would only be done in the best interest of the company and our shareholders and would only occur after careful deliberations."
How big will it be and how long will it take before the next split?