Folsom, CA– Dalton Industries Inc. (DALT) The Company would like to announce that effective August 10, 2015 as approved by FINRA, that every one thousand 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 60,709,940 to 60,710 outstanding. The previous CUSIP 235600103 has been updated to the new CUSIP 235600202.
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 Industry 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 Industry 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 2015 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.
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