Powered by 
Translate
Translate
Interline Resources Corp. (OTC Pink: IRCE) is today announcing two corporate events, a corporate name change and a 5-for-1 forward split that has been approved by the Board of Directors and majority Shareholders.
The name change to Automated-X, Inc., better reflecting the strategy and direction of the Company, was approved as an amendment to the Company’s Articles of Incorporation by the state of Utah. The company will be following with a filing to the Financial Industry Regulatory Authority (FINRA) for name change approval as well as filing for a new stock trading symbol.
Additionally, the Board of Directors has approved a 5-for-1 forward split anticipated to be effective December 1, 2014, with paperwork being filed shortly with FINRA.
“The name change from Interline Resources Corp. to Automated-X, Inc. comes at a defining moment in our company’s history. We are successfully moving forward with our plan to grow the Company from offering entertainment kiosks into a multi-brand company focused on diverse, high growth retail sectors,” commented Tim Regnier, President and COO.
“Because we are positioned for growth, the Board determined that it was an excellent time to reward our loyal shareholders by creating more liquidity, improving our capital structure, and allowing them to more fully benefit from our business efforts. We are excited with the opportunities that have been presented, and we believe that our current direction will greatly enhance shareholder value, which, of course, has always been our goal," concluded Regnier.
About Automated-X, Inc.
Automated-X, Inc. (OTC Pink: IRCE), formerly Interline Resources Corp., develops and integrates next-generation automated technologies into retail store environments and other areas of application where efficiency is improved through automation. The Company intends to take a leading role in automated retail to constantly raise the bar with state-of-the-art convenience, security, and laborsaving technologies. It intends to eventually expand its kiosk offerings in other retail growth sectors, including other automated technology systems focused on convenience and price-driven automation opportunities. For more information, visit www.automated-x.com.
Forward-Looking Statement
This press release contains certain statements that may include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipate," "optimistic," "intend," "will" or other similar expressions. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under applicable securities laws, the Company does not assume a duty to update these forward-looking statements.
