SOURCE: Reddi Brake Supply Corporation

April 30, 2007 03:02 ET

Reddi Brake Supply Corporation Declares a 2 for 1 Forward Stock Split With a Date of Record of May 15th, 2007

SALT LAKE CITY, UT -- (MARKET WIRE) -- April 30, 2007 -- Reddi Brake Supply Corporation (OTCBB: RDDI) company President / CEO Michael J. Zwebner announced today that the Board of Directors of the company on April 24th, 2007, unanimously voted to approve and has declared a 2 for 1 forward stock split for all shareholders of record as of May 15th, 2007 (The Record Date) payable on May 16th, 2007 (The Effective Date). This Forward Stock Split will be recognized at the open of trading on May 16th, 2007 (The Effective Date).

The company's transfer agents will be mailing the new additional share(s) certificates to each shareholder on May 16th, 2007 -- The Effective Date.

Further information regarding Reddi Brake Supply Corporation is available from the company.

Safe Harbor Statement

Caution Concerning Forward-Looking Statements by Reddi Brake Supply Corporation.

This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and factors affecting the integration of the businesses of Reddi Brake Supply Corporation. More detailed information about these factors may be found in filings by Reddi Brake Supply Corporation with the Securities and Exchange Commission, including their most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB. Reddi Brake Supply Company Inc is under no obligation to, and expressly disclaims any such obligation to, update or alter their forward-looking statements, whether as a result of new information, future events, or otherwise.

Contact Information

  • Contact:
    Reddi Brake Supply Corporation
    801-269-8535