Dalton
Industries Inc. Company Announcement
February 20th, 2014
OTC Disclosure & News Service
Minneapolis, MN ? Dalton Industries Inc. (DALT) The Company would like to announce
that effective December 5, 2013 as approved by FINRA, that every one hundred
shares of the Company's issued and outstanding Common Stock has been converted
into one share of Common Stock. Any fractional share resulting from the Reverse
Stock Split will be rounded up to the next whole share.
As a
result of the Reverse Stock Split, the total issued and outstanding shares of
the Company's Stock has decreased for 20,984,724 to 209,848 outstanding. The
Company has also effected as of December 5, 2013 a name change to Dalton
Industries Inc. The name change will be followed by a new symbol (DALT) and a
new Cusip:235600103.
About the Company
Dalton Industries Inc. is committed to the development and production
of cutting edge entertainment and bringing these properties to life on the next
generation of entertainment platforms satisfying a global need for original,
quality media.
FORWARD LOOKING STATEMENT
This news
release includes forward-looking statements that reflect Dalton Industries Inc.
s current expectations about its future results, performance, prospects and
opportunities. Dalton Industries Inc., has tried to identify these
forward-looking statements by using words and phrases such as "may",
"will", "expects", "anticipates",
"believes", "intends", "estimates",
"should", "typical", "we are confident" or
similar expressions. These forward-looking statements are based on information
currently available to Dalton Industries Inc., and are subject to a number of
risks, uncertainties and other factors that could cause the Company's actual
results, performance, prospects of opportunities in the remainder of 2014 and
beyond, to differ materially from those expressed in, or implied by, these
forward-looking statements.