SOURCE: Real American Brands, Inc.

February 27, 2008 10:05 ET

Real American Brands, Inc. Announces One for 1000 Reverse Stock Split

LOS ANGELES, CA--(Marketwire - February 27, 2008) - Real American Brands, Inc., has implemented a reverse stock split effective Feb. 27, 2008 and will now trade under the stock symbol (PINKSHEETS: RLAB), according to Doug Newton, CEO.

"After the stock consolidation, RLAB (OTC Pink Sheets) has a maximum authorized share level of 20 million shares, of which 13.8 million shares have been issued, with some 4.1 million in the float," said Newton.

"We hope this consolidation, together with the announcement of our new share structure, will bring our stock price more in line with the true value of our company, and the new acquisitions and growth plans we are implementing now."

Newton said, "More specifics on RLAB's growth plans and new strategic alliances will be made public soon." Shareholders may contact Doug Newton directly at 760-324-6834 or info@realAmericanBrands.com

Forward-Looking Statements

N. B. Statements about RLAB's future expectations, including future revenues and earnings, and all other statements in this news release other than historical facts are "forward-looking statements." Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from the company's plans if its assumptions prove to be incorrect or for a variety of other reasons.

Contact Information

  • Contact:
    Real American Brands, Inc.
    Attn. Doug Newton
    1034 Third Avenue at Trump Plaza
    New York, NY 10065
    212-861-3100
    Doug Newton Direct Line: 760-324-6834