Corporate Action Name Change and Reverse Stock Split
ALHI - Allarae Healthcare, Inc. Press Release
Common ($0.001) Name Change/ Reverse Stock Split
BEZENET, INC. FILES TO CHANGE ITS NAME TO ALLARAE HEALTHCARE, INC.
Irving, Texas, November 27, 2007 (Business Wire) - Allarae HealthCare, Inc. (Other OTC: ALHI) announced today that it has filed to change its name, stock symbol, reverse stock split and CUSIP number. On October 31, 2007 the Company filed with the State of Delaware Secretary of State a "Certificate of Amendment of Certificate of Incorporation" to change the name of the company from Bezenet, Inc. to Allarae HealthCare, Inc. The company obtained a new CUSIP number which is 016739 104. The Company also requested NASDAQ to change its name and issue a new symbol. In addition, the Board of Directors, a majority of the common stock shareholders, and a majority of the series "A" preferred stockholders approved a 1:250 reverse stock split.
In a related transaction, Phillip Matteis has been appointed the President and Chairman of the Board of Allarae HealthCare, Inc. Mr. Matteis is also President of Intellect Holdings, Ltd.
Safe Harbor Act Disclaimer: Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.
CONTACT:
Allarae HealthCare, Inc.
Phillip Matteis
972-868-9101