Rostock Ventures Corp. Investigating Opportunities in the Bitcoin Industry
11 Dezembro 2013 - 6:01AM
Marketwired
Rostock Ventures Corp. Investigating Opportunities in the Bitcoin
Industry
SAN DIEGO, CALIFORNIA--(Marketwired - Dec 11, 2013) - Rostock
Ventures Corp. (OTCBB:ROSV) wishes to announce that the company has
engaged in discussions to look into the opportunities within the
Bitcoin Industry from different aspects within this exciting area
ranging from creating an exchange to trade Bitcoins to various
Bitcoin mining opportunities. The company's board at this time has
not secured a deal and may not find a viable opportunity going
forward. Management will update shareholders as any progress is
made on this front.
President and CEO, Greg Rotelli, stated, "Management is actively
looking into opportunities that will enhance shareholder value,
including but not limited to, the Bitcoin space. Potential
opportunities in Bitcoin include involvement in the Bitcoin
community for mining, trading and development. With the value of
Bitcoins recently going over $1000, it makes sense to look into any
opportunity that may add shareholder value."
Recently the company's Board of Directors has voted to initiate a
5-for-1 forward split of the Company's common shares payable as a
dividend to our shareholders. At this time the Board has not
selected the record a firm date to implement the forward stock
split, but once a final record date is established, it will be
announced. The Company anticipates that the forward stock split
will occur prior to the end of 2013. Once we have implemented the
5-for-1 forward stock split, the Company's common stock will begin
trading on a split-adjusted basis and the shareholders of record as
of the selected record date will then own five shares for every one
share previously owned. For example, if you owned 20,000 shares at
the close of the record date you will be entitled to 100,000 shares
after the split occurs.
Presently the Company has approximately 41,000,000 shares of its
common stock issued and outstanding giving the company a market cap
of just over $1 million currently. The Board and management feel
that forward splitting the shares will increase liquidity in the
Company which will give our shareholders added value and thus
enable the Company to seek potential new projects.
Forward-looking Statements:
Some of the statements contained in this press release are
forward-looking statements which involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the company, or industry results, to
be materially different from any future results, performance or
achievements expressed or implied by such forward looking
statements, including the risks and uncertainties related to the
progress, timing, cost, and results of exploration programs;
competition from other exploration or mining companies; and the
company's ability to obtain additional funding required to conduct
its exploration activities. Please refer to the company's filings
with the Securities and Exchange Commission for a comprehensive
list of risk factors that could cause actual results, performance
or achievements of the company to differ materially from those
expressed or implied in such forward looking statements. The
company undertakes no obligation to update or revise any
forward-looking statements.
Rostock Ventures Corp.rostockventures@gmail.com
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