LAS VEGAS, NV--(Marketwired - Nov 14, 2016) - GVCL Ventures, Inc. (the "Company") (OTC PINK: PPPID) announces that Proactive Pet Products, Inc. has changed its name to GVCL Ventures, Inc. and implemented a 1:10,000 reverse share split.
In an effort to expand the Company's future business opportunities, the Company has changed its name and implemented a reverse share split whereby ten thousand (10,000) old common shares have been replaced by one (1) new common share effective November 2, 2016. All fractional shares have been rounded up. Once the twenty business day transition period has elapsed, the new symbol for the Company will be GVCL.
The Company has also had a change in control and management. Mr. Gerald Neziol is the new President and Director for the Company and holds a majority voting control interest in the Company.
The Company maintains Proactive Pet Products, Inc. as an active wholly owned subsidiary and plans to source new additional business opportunities.
About GVCL Ventures, Inc.:
GVCL Ventures, Inc., through its wholly owned subsidiary, ProActive Pet Products, Inc., is a Nevada based pet product development company whose primary business is the manufacture and sale of its pet first aid kits and related products. Its expertise lies in the innovative development of its pet safety and health products, its recognition of the demands by dog and cat owners and the need for practical preparedness solutions.
Visit ProActive Pet Products, Inc. at www.proactivepetproducts.com.
Forward Looking Statements
Undue reliance should not be placed on forward looking statements in this press release. This press release contains forward looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends", and similar expressions are used to identify these forward looking statements. Actual results could materially differ from those anticipated in these forward looking statements for many reasons.