SOURCE: EffTec International, Inc.

December 18, 2009 16:32 ET

EffTec International, Inc. Announces 1 for 100 Reverse Stock Split

TULSA, OK--(Marketwire - December 18, 2009) - EffTec International, Inc.'s (PINKSHEETS: EFFI) Board of Directors announced today that a 1 for 100 reverse stock split of its authorized and outstanding shares of common stock has been approved. The effective date for the reverse stock split will be December 29, 2009. The Company's outstanding common stock will be converted into new common stock based upon the 1 for 100 conversion ratio.

Safe Harbor Act Disclaimer: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Contact Information

  • For more information, contact:
    EffTec International, Inc.
    Phone: (918) 712-7774