DENVER, CO--(Marketwired - Jun 23, 2014) - 1st NRG Corp. (OTC Pink: FNRCD) (
As of June 23, 2014, every twenty thousand (20,000) outstanding shares of common stock will be exchangeable into one (1) share of common stock. Any record holder who owns a fractional share of common stock after the reverse stock split will be rounded up to the nearest whole share of common stock in lieu of such fractional share. Shareholders will receive the notices, forms, and instructions regarding the exchange of their pre-split shares for post-split shares from the Company's transfer agent, Continental Stock Transfer & Trust Company, who is acting as the exchange agent for the reverse stock split, or such shareholder's bank, broker, or other nominee if such shares are held in "street name."
About 1st NRG Corp.
1st NRG Corp. (OTC Pink: FNRC) (
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Forward-looking statements in this release are within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement identified by the words "expects," "projects," "plans," "feels", "anticipates," and certain of the other foregoing statements may be deemed "forward-looking statements." Although 1st NRG Corp. believes the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this press release.