SANTA MONICA, Calif. and
WASHINGTON, D.C., Aug. 19 /PRNewswire-FirstCall/ -- Reach Messaging
Holdings Inc. (http://reachmessaging.com) (OTC Bulletin Board:
RCMH), a leader in social media technology and media distribution,
today announced it is conducting a forward split of its common
stock on the basis of five shares for each one share held by
shareholders on the date the forward stock split becomes
effective.
This means that a shareholder holding 100 shares of Reach
Messaging Holdings before the forward split will automatically have
500 shares after the forward split is effective. The forward
split has already been approved by a majority of our shareholders,
as disclosed in our Current Report on Form 8-K filed with the
Securities Exchange Commission on August 6,
2010.
"We believe in our business model, and we believe this forward
split will improve liquidity in the trading of our common stock,"
said Shane Gau, Reach Messaging CEO
and Chairman.
Our Board of Directors has approved a record date of
August 23, 2010 and an effective date
of August 24, 2010 for implementing
the forward split.
About Reach Messaging
Reach Messaging Holdings Inc. helps companies extend their
brands through customized mobile applications and Bots used on
instant messaging (IM) platforms. Since 2007, Reach Messaging has
been in the Bot development business for America Online (AOL), which operates on the AOL
Instant Messenger (AOLIM). The Company is transitioning to
the mobile applications market and is currently developing a
variety of apps for social media platforms including Facebook and
all of the major mobile devices such as the iPhone, Blackberry,
Android and Digital Signage. For more information, please
visit www.reachmessaging.com.
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Contact: Paul Knopick
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E & E
Communications
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949.707.5365
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pknopick@eandecommunications.com
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SOURCE Reach Messaging Holdings Inc.
Copyright . 19 PR Newswire