AL International Announces August 11, 2011 Effective Date for DTC Eligibility
SAN DIEGO, Aug. 11, 2011 /PRNewswire/ -- AL International, Inc. (JCOF-PK) announced today that the Depository Trust Company (DTC) informed it that the Company's common stock has met the requirements of DTC eligibility and has been made fully eligible within the DTC system. It is anticipated that DTC will announce the terms of our recent stock split and name change tomorrow that was effective on August 5, 2011 and that on Monday, August 15, 2011 the shares will be allocated from the old CUSIP number to the new CUSIP number 01020Y109. The shares will trade under the symbol JCOF.D (the letter "D" designates a company undergoing a stock split) until September 2, 2011 at which time the D shall be removed from the symbol.
"We are pleased to clear DTC's review and to be able to provide our shareholders with the ability to effect DTC transactions in our securities," said Company's CEO, Steve Wallach.
"Safe Harbor" Statement
This release includes forward-looking statements on our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict and include statements relating to the DTC eligibility of our securities.
The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in our forward-looking statements include, among others, the timing of the anticipated announcement by DTC referred to above. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release based on new information, future events, or otherwise, except as required by law.
SOURCE AL International, Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article