BRK Inc. (OTCBB:BRKK) Announces Ten For One Stock Split
LAS VEGAS, NV / ACCESSWIRE / June 6, 2015 / BRK, Inc. (OTCBB:BRKK), manufacturer and distributor of The Blind Repair Kit, today announced that its Board of Directors has authorized a ten-for-one stock split of its outstanding common shares, subject to shareholder and FINRA approval.
Each shareholder of record shall receive a proxy by mail to vote for the stock split. This stock split will not change the proportionate interest that a shareholder maintains in the Company. As of June 5, 2015, there were approximately 4.3 million BRKK diluted common shares outstanding. Following the stock split, BRK Inc.’s outstanding common shares will increase to approximately 43 million shares.
BRK Inc. is undertaking the ten-for-one stock split to make its common shares more readily accessible to the investment community, increase and broaden the Company’s shareholder base, and improve liquidity of the market for BRKK common shares. The stock split is subject to a shareholder vote as well as approval by FINRA.
About BRK, Inc.
BRK Inc. (OTCBB:BRKK), established in 2008, is the developer of the most unique and easy to use vertical blind repair kit on the market today. Our management’s passion for working with plastics continually drives us to research new markets in which to use our expertise. We anticipate providing these future products as well as a wide range of value-added services to enhance our product offering.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The foregoing contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We intend for these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws relating to forward-looking statements. These forward-looking statements include statements relating to, or representing management’s beliefs about, our future transactions, strategies, operations, events and financial results. Such forward-looking statements often contain words such as “will,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” “intend,” “is targeting,” “may,” “should” and other similar words or expressions. Forward-looking statements are made based upon management’s current expectations and beliefs and are not guarantees of future performance. Our actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, those risks and uncertainties described in any of our other filings with the SEC. Certain other factors which may impact our business, financial condition or results of operations or which may cause actual results to differ from such forward-looking statements are discussed or included in our periodic reports filed with the SEC and are available on their website at www.sec.gov. You are urged to carefully consider all such factors. We do not undertake or plan to update or revise forward-looking statements to reflect actual results, changes in plans, assumptions, estimates or projections, or other circumstances occurring after the date of this news release, even if such results, changes or circumstances make it clear that any forward-looking information will not be realized. If we make any future public statements or disclosures which modify or impact any of
the forward-looking statements contained in or accompanying this news release, such statements or disclosures will be deemed to modify or supersede such statements in this news release.
Disclaimer: This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.
Contact:
brian@blindrepairkit.com
SOURCE: BRK, Inc.
ReleaseID: 429605