SOURCE: Pinecrest Investment Group, Inc.
REDDICK, FL--(Marketwired - February 18, 2014) - Pinecrest Investment Group, Inc. (PINKSHEETS: PNCR) (PINKSHEETS: PNCRD) announced today a name change Acology, Inc., a trading symbol change to ACOL and a 1-for-1,000 reverse split of its outstanding shares of common stock, par value $0.00001 per share.
The name change and reverse split were effected through a certificate of amendment to the company's articles of incorporation filed with the Florida Secretary of State on January 9, 2014. The Financial Industry Regulatory Authority, Inc. announced on February 13, 2014, that the name change and the reverse split will take effect today, the trading symbol will change to PNCRD today and the trading symbol will change to ACOL on March 14.
Safe Harbor Statement
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.