ja und das ist mal wieder eine geile news :
Poly-Pacific Announces Appointment of Philip Kempisty to Board of Directors and Proposed Share Consolidation
VANCOUVER, BRITISH COLUMBIA, Jan. 20, 2010 (Marketwire) --
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/20/10 -- Poly-Pacific International Inc. ("Poly-Pacific" or the "Company") (TSX VENTURE: PMB)(OTCBB: PLYPF)(BERLIN: A0LGDN)(FRANKFURT: POZ) is pleased to announce the appointment of Mr. Philip C. Kempisty to the Board of Directors.
Mr. Kempisty is a Certified Public Accountant, based in New York, New York where he is the managing partner of Kempisty & Company Certified Public Accountants, established in 1990. Mr. Kempisty brings almost 40 years of diverse accounting experience to the Board of Directors, which industries include: banking, securities broker-dealers, mining, oil and gas exploration, construction, manufacturing, pharmaceuticals and entertainment.
Poly-Pacific's Board of Directors will now consist of Mr. Randy Hayward, Mr. Richard Oravec, Mr. Greg Pendura, Mr. Richard Sharples and Mr. Philip Kempisty.
Poly-Pacific also announces that the Board of Directors has unanimously approved a consolidation of its share capital on the basis of one (1) new common share for up to every existing fifteen (15) common shares (the "Consolidation"), subject to approval of the shareholders of the Company and regulatory approval, including approval of the TSX Venture Exchange. Where the exchange results in a fractional share, the number of common shares will be rounded to the nearest whole common share. The Board of Directors believes that the Consolidation should enhance the marketability of the common share as an investment and should facilitate additional financings to fund operations in the future. Shareholder approval of the proposed Consolidation will be sought at the Company's upcoming annual general and special shareholders meeting to be held on February 18, 2010. The record date for the proposed Consolidation will be set subsequent to both the requisite shareholder and regulatory approvals being obtained. Poly-Pacific currently has a total of 87,670,821 common shares issued and outstanding and no preferred shares. In the event the required shareholder and regulatory approvals are obtained and the Company effects the full one (1) new common share for every existing fifteen (15) common shares Consolidation, the Company would have a total of 5,844,721 common shares issued and outstanding. In connection with the Consolidation, the name of the Company will be changed to "Global Green Maxtrix Corp." or such other name as the Board of Directors, in their discretion, may resolve and which all applicable regulatory authorities may accept.
Poly-Pacific is an innovator in eco-friendly solutions to Industrial Waste by-products. The significance and importance of soil remediation and reclaiming industrial waste has become an important global issue. At Poly-Pacific, we are focused on benefiting our planet by exploring and pursuing new environmentally sound methods and technologies in soil remediation, while creating significant value for our shareholders as the leading company in the reclamation sector.
For further information please contact Randy Hayward, President of Poly-Pacific by telephone at (604) 323-2110 or by visiting our website at
www.polypacific.com and registering for our newsletter to receive news, updates and background information on a regular basis.
This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at
www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Poly-Pacific International Inc.
Randy Hayward
President
(604) 323-2110
www.polypacific.comSource: Marketwire (January 20, 2010 - 4:44 PM EST)
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www.quotemedia.com na was sagt unser maverick dazu ???
ist nichts anderes als ein split ! Global Green Maxtrix Corp
neuer name neues glück
abzocke hoch drei!
das abwarten hat sich gelohnt
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