SOLANA BEACH, Calif., Dec 7 /PRNewswire-FirstCall/ -- Bond Laboratories, Inc. (OTC Bulletin Board: BNDB), a publicly held company, today announced that the company intends to file with the NASD to implement a 2-for-1 forward split of its common shares.
Bond Laboratories, Inc. shareholders as of the record date will receive two (2) shares of common stock for each current share they own. For example, shareholders owning 5,000 shares prior to the stock split will own 10,000 shares following the split. No action should be required on the part of shareholders who own shares held in brokerage accounts to receive the additional shares.
The company believes this action will increase the amount of liquidity in the public market and help expand the company's shareholder base. The official record date and payment date will be announced in a subsequent release as the exact dates become available.
Safe Harbor for Forward-Looking Statements
Except for historical information contained herein, the statements in
this news release are forward-looking statements that are made pursuant to
the safe harbor provisions of the Private Securities Reform Act of 1995.
Forward- looking statements involve known and unknown risks and
uncertainties, which may cause the company's actual results in the future
periods to differ materially from forecasted results.
Scott D. Landow
Bond Laboratories, Inc.
777 S Hwy 101 Suite 215
Solana Beach, CA 92075
|SOURCE Bond Laboratories, Inc.|
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