SOURCE: Genesis Advantage Inc.

May 03, 2006 16:30 ET

Genesis Approves 10-for-1 Forward Stock Split

TORONTO -- (MARKET WIRE) -- May 3, 2006 -- Genesis Advantage Inc. (OTC: GAVG) today announced that its Board of Directors and the holders of a majority of its outstanding shares have approved a 10-for-1 forward split of the Company's common stock. Genesis has retained legal council to file all the appropriate documentation.

Common stock holders are not required to take any action relating to the forward stock split. Shares outstanding on the record date will be automatically adjusted on the books of the Company's transfer agent to reflect the forward split. Share certificates presented for exchange will, when reissued, reflect the forward stock split.

About Genesis Advantage: Genesis Advantage Inc. is a publicly traded company formed to take advantage of unique, technological opportunities in the energy and energy conservation industries.

Forward-Looking Statements: Certain information contained in this news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. While these statements are made to convey the Company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Actual Company results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties.

Contact Information

  • Contact:
    Genesis Advantage
    Daniel Lang
    (905) 427-4456