Global Security Agency Inc. Announces Completion of Share Consolidation and Issuance of Shares
MONTGOMERY, TX, May 18 /PRNewswire-FirstCall/ - Global Security Agency Inc. (BELV.OTCQB) is pleased to announce that, on May 18, 2010, we completed a consolidation of our shares of common stock on a 1:10 basis, without any change to our authorized capital or the par value of our common stock. As a result, the number of shares of our outstanding common stock decreased from 66,006,450 shares to 6,600,645 shares. Subsequently, on May 18, 2010, we completed the sale of 39,000,000 shares of our common stock at a price of $0.0001 per share to our directors, officers and certain investors, resulting in an increase in the number of our outstanding shares of common stock to 45,600,645 shares.
Forward-Looking Statements:
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipates", "believes", "estimates", "expects", "intends" and similar expressions, as they relate to us or our management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of various factors. We do not undertake any obligation to update such forward-looking statements. Investors are cautioned to consider all other risks and uncertainties affecting our company, including those in filings made with the SEC.
SOURCE Global Security Agency Inc.
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