OTCQB:DGWR - Post by User
Post by
anna.smit11on Jun 13, 2011 4:02am
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Post# 18705716
EVDR - closer relationship with shareholders
EVDR - closer relationship with shareholders
EVDR management announced steps to reduce the number of outstanding
shares by more than 529 million (529,595,313). The current outstanding
share structure of EVDR (see OTC Markets at https://www.otcmarkets.com/stock/EVDR/company-info)
sits at 880 million currently. This will be reduced by 529 million
shares to be approximately 351 million outstanding shares (237 million
free trading shares and 114 million restricted shares). The authorized
shares will remain undisturbed at 980 million. EVDR expects this step
to positively and significantly affect and increase the company value
and help to establish a closer relationship with shareholders.