Business
Breathe eCig Corp. to Change Its Name to White Fox Ventures, Inc.; Board of Directors Approves a 100:1 Reverse Split
Breathe eCig Corp. to Change Its Name to White Fox Ventures, Inc.; Board of Directors Approves a 100:1 Reverse Split.
About this update from White Fox Ventures, Inc.
[{"type":"text","content":"\n \n \n Breathe eCig Corp. to Change Its Name to White Fox Ventures, Inc.; Board of Directors Approves a 100:1 Reverse Split\n \n \nBreathe eCig Corp. to Change Its Name to White Fox Ventures, Inc.; Board of Directors Approves a 100:1 Reverse Split\n \n NEW YORK, NY--(Marketwired - May 27, 2016) - Breathe eCig Corp. (OTCQB: BVAP) (\"Breathe\" or \"the Company\"), a U.S. publicly traded company, today announced the decision recently ratified by its Board of Directors (\"Board\") to officially change its name to \"White Fox Ventures Inc.\" (\"WhiteFox\" or \"WFV\") to better reflect the new direction of the business. Simultaneously the Company will shortly file with FINRA requesting a new ticker symbol as well as a 100:1 Reverse Stock Split designed to improve the capital structure of the Company. \n The Company's new core focus is the establishment of business academies throughout Japan. The Company is launching its operations throughout Japan: Sapporo, Sendai, Tokyo, Matsumoto, Nagoya, Osaka, Okoyama, Kumamoto and Fukuoka. The Company also plans to launch its academy via online throughout Japan. \n White Fox is currently developing its online proprietary application to be exclusively utilized by its academy members. This application shall be available for direct downloading onto smartphones, such as: iPhones, Android as well as iOS and Tablet devices. The Company expects to launch this application sometime during autumn of 2016 (4th Quarter, 2016). \n The Company is currently evaluating possible investment banking relationships in Japan as well as in New York for the purpose of securing additional working capital and further corporate advice. Management expects to start generating revenue by Q4 2016.\n Breathe's CEO Mr. Shinsuke Nakano expressed, \"White Fox Ventures is building a solid future for shareholders by establishing a strong corporate team focused on both the Company's product offering as well as multi faceted support for such offerings. The management team is excited about its ongoing transition as a Publicly Traded Company and will do their best to achieve profitability and maintain stable growth as soon as possible. The Company will continue to update shareholders about important progress being realized.\"\n DISCLAIMER -- Caution Concerning Forward Looking Statements\n This press release contains statements that ar...