SOURCE: ECOLOGIX Resource Group

ECOLOGIX Resource Group

November 25, 2009 08:52 ET

ECOLOGIX Resource Group Announces Forward Stock Split

BEVERLY HILLS, CA--(Marketwire - November 25, 2009) - ECOLOGIX Resource Group (OTCBB: EXRG), a natural resource company focused on the timber industry and production of alternative energy solutions, announced today its Board of Directors has approved a one-for-ten forward stock split, in the form of a stock dividend, payable to ECOLOGIX common and preferred shareholders.

The Company anticipates the stock split will be payable on or about November 30, 2009 to shareholders of record as of November 27, 2009 and is subject to FINRA approval. When the forward stock split becomes effective, shareholders of both common and preferred shares will receive an additional nine shares for every one share held. ECOLOGIX expects the Board's decision will improve liquidity and trading volume in the Company's stock.

About ECOLOGIX Resource Group

ECOLOGIX Resource Group is a natural resource company focused on the timber industry and production of alternative energy solutions in accordance with the most stringent environmental standards regulating these industries. Additional information on ECOLOGIX Resource Group is available on its website, www.ecologixrg.com.

Safe Harbor

This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that a number of factors could cause our actual results to differ materially from any results indicated in this release or in any other forward-looking statements made by us, or on our behalf. These include among others factors related to general economic conditions, interest rates, demand for materials handling products and construction equipment, performance of our manufacturing facilities and the cyclical nature of the materials handling and construction equipment industries. Further, historical information should not be considered an indicator of future performance. Additional considerations and important risk factors are described in our reports on Form 10-K and 10-Q and other filings with the Securities and Exchange Commission.

Contact Information