Navigation Links
Cardiac Network Announces Reverse Stock Split
Date:5/5/2011

SAN FRANCISCO, May 5, 2011 /PRNewswire/ -- Cardiac Network, Inc. (Other OTC: CNWI.PK) (the "Company") today announced that the Company will effect a 1-for-750 reverse stock split (the "Reverse Stock Split"). The Reverse Stock Split will take effect on the opening of business and trading on May 6, 2011 (the "Effective Date"). On the Effective Date, the Company's trading symbol will be changed from "CNWI" to "CNWID" for approximately 20 business days, after which it will revert to CNWI. Upon the effectiveness of the Reverse Stock Split and as of the Effective Date, there will be approximately 109,345 shares of our common stock issued and outstanding.

About Cardiac Network:

Cardiac Network, Inc. is a medical technology company that has participated in cardiac monitoring research projects with hospitals and has provided cardiac monitoring and diagnostic services to general practitioners and specialist physicians, for the investigation of patients with abnormal cardiac rhythm and function. Past services provided by the company have utilized unique transtelephonic (by telephone) cardiac recorders that monitor and provide diagnostic information to physicians and their patients. Cardiac Network has spent significant funds in an effort to develop new technologies that could be used easily by individuals outside of their physician's office to help them quickly determine if they are having potential cardiac problems and so that they can obtain needed medical treatment. Learn more about Cardiac Network, Inc. by visiting http://www.cardiacnetwork.net.

Forward-looking statements

This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our limited financial resources, and the uncertainties of competitive pressures we face. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements. For additional information on these risks and uncertainties, please refer to our filings on Pink Sheets.

Contact:
Cardiac Network, Inc.
Michael Swartzburg
415-249-0990
Michaels(at)cardiacnetwork(dot)net


'/>"/>
SOURCE Cardiac Network, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Reportlinker Adds European Market for Cardiac Rhythm Management, Electrophysiology & Ablation Devices 2011
2. NewCardio to Showcase Cardiac Diagnostic Technology at MDB Capitals Bright Lights Conference in New York City on May 10, 2011
3. Reportlinker Adds Cardiac Markers - Global Pipeline Analysis, Competitive Landscape and Market Forecast to 2017
4. Novation Announces the Addition of St. Jude Medical to the Cardiac Rhythm Management Products Portfolio
5. DMC Cardiovascular Institute First in Midwest to Implant New "Protecta" Defibrillator in a Cardiac Patient
6. Spectrum Dynamics Announces Shipment of Revolutionary D-SPECT™ Cardiac Imaging Systems Using Redlens New CZT Nuclear Imaging Modules
7. Reportlinker Adds Cardiac Marker Diagnostic Testing Markets
8. Reportlinker Adds Global Cardiac Monitoring Systems Market -2013
9. Reportlinker Adds Global Cardiac Defibrillators Industry
10. LifeWatch Teams With UnitedHealthcare, The Largest Healthcare Insurer In The United States, As A Preferred National Provider Of Cardiac Monitoring Services To Reduce Patient Costs
11. U.S. Postal Inspection Service Awards AED Contract to Cardiac Science
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/12/2016)... Feb. 12, 2016  Aralez Pharmaceuticals Inc. (Nasdaq: ... the Company will ring the Nasdaq Closing Bell at ... York at 4:00 p.m. ET on Tuesday, ... Adrian Adams , will perform the ... to 4:00 p.m. ET.  A live webcast will be ...
(Date:2/12/2016)... --> ... Global Clinical Trials Review, H2, 2015 provides an ... trials landscape along with top level data related ... & E7), Trial Status, Trial Phase, Sponsor Type ... involved and enlists all trials (Trial title, Phase, ...
(Date:2/11/2016)... YORK , Feb. 11, 2016 ... instruments commonly used in laboratories. These may range from ... condensers. Laboratory glassware is made from borosilicate glass because ... Laboratory plasticware, on the other hand, started gaining popularity ... it was easier to replace glass with plastic in ...
Breaking Medicine Technology:
(Date:2/12/2016)... New York, NY (PRWEB) , ... February 12, ... ... latest edition of “Revolutionizing Cancer Care.” , The print component of ... in Chicago, Dallas, Pittsburgh/Cleveland, New York, Washington DC/Baltimore, and Seattle, with a circulation ...
(Date:2/12/2016)... Washington, DC (PRWEB) , ... February 12, 2016 ... ... announce “Managing High-Cost Drug Categories: Strategies for Health Plans and PBMs,” an upcoming ... strategies to maintain affordability and access in big-dollar therapeutic categories, such as the ...
(Date:2/12/2016)... ... February 12, 2016 , ... US Sport Camps is pleased to announce the ... in Norwalk, serves as the host site and directing the camps is PGA Professional ... had successful camps in recent years around Des Moines and are fortunate to have ...
(Date:2/12/2016)... ... ... Healthcare careers in the medical laboratory, nursing, and in the imaging field ... staffing leader Aureus Medical Group during the month of January. Aureus Medical specializes in ... and in travel and direct hire opportunities in other allied health fields. , The ...
(Date:2/12/2016)... Middletown, N.J. (PRWEB) , ... February 12, 2016 ... ... Americans is creating explosive growth in the field of long term care. With ... heightened demand for well-trained healthcare professionals in administrative roles in long term care ...
Breaking Medicine News(10 mins):