SALT LAKE CITY, UT--(Marketwired - Sep 9, 2016) - Healthnostics, Inc. (OTC PINK: HNSSD) today announced a new corporate action, approved by FINRA on September 7, 2016 that includes changes of the Company's name, trading symbol, management and a reverse split of the Company's Class A Common Stock. Further, the Company completed a significant acquisition that results in a new business direction and strategy going forward.
The Company's new name is EnviroTechnologies International, Inc., to reflect its new business direction in the environmental sciences field. The Company has a new trading symbol ETII. The Company's Class A common stock will trade temporarily under the symbol HNSSD for 20 business days, after which the new symbol, ETII will be effective.
The Company acquired Vida Green, Inc., a private Utah based company in an all stock transaction. This acquisition brought a new management team to the Company. For more information on Vida Green, Inc., and the new management team, please refer to the Company Profile at www.otcmarkets.com and the Company's website: www.envirotechnologiesinternational.com.
As a result of this new direction and the acquisition of Vida Green, Inc., the Company underwent a recapitalization that involved a 10,000 to 1 reverse split of its Class A common stock.
About EnviroTechnologies International, Inc.
EnviroTechnoloigies International, Inc., is a "green" company marketing environmentally safe products and solutions to the Oil and Gas and the Food and Agriculture Industries utilizing the Company's proprietary technologies.
For more information, please visit www.envirotechnologiesinternational.com
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.