SOURCE: Great Rock Development Corporation

March 01, 2012 18:31 ET

Great Rock Development Corporation (PINKSHEETS: GRDCD), Formerly Grid Cloud Solutions Inc, Announces Reverse Split and Symbol Change

SAULT STE MARIE, ON--(Marketwire - Mar 1, 2012) - Grid Cloud Solutions Inc (PINKSHEETS: GRDCD) announced today a 50:1 reverse split effective February 29, 2012 of its common shares. Further, the company announced its name changed to Great Rock Development Corporation effective. FINRA has assigned a temporary new ticker symbol as GRDCD, which will be changed in 20 business days (March 28, 2012) to GROC as the Company's permanent new symbol. The Company continues to pursue the business initiatives previously announced by management and will update shareholders on its progress in the near future.

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Disclaimer: Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the Company's periodic reports filed with the including the company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.

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