Cheyenne, Wyoming – February 9, 2017 – Coastal Integrated Services Inc. (OTCPink: COLV) with approval from its Board of Directors and majority shareholders has changed its name to Simply Innovative Products, Inc. In addition Coastal has effected a reverse stock split of its outstanding shares of common stock at a ratio of 1 for 2,500 as part of an effort to improve capitalization structure.
The Name Change and Reverse Stock Split was announced by FINRA on February 6, 2017, and effected on February 7, 2017. The symbol on OTCPink will be COLVD for 20 business days from February 7, 2017. The symbol will then be changed to SMPI pending availability. The new Cusip number is 82900H101.
Coastal Integrated Services President John Newman stated, “We are pleased to announce these significant changes as we continue to make solid progress in establishing the foundation of our company for exponential growth.”
About Us:
Simply Innovative Products, Inc. is a development company specializing in plastic products in various markets. BugoutTM Pet Products is the company’s latest acquisition, poised to make an impact in the multi-million dollar pet industry.
Simply Lids is an award winning company whose specialty is disposable beverage lids in the food services industry. Simply Lids’ patented technologies provide a safer, more enjoyable drinking experience, without splashing or spills, and has the added benefit of unique marketing opportunities, never before realized in this industry sector. Simply Lids plans on being the leader in this multi-billion dollar sector through the application of its unique technology and innovation. For more information, please visit our website at www.simplyinnovativeproducts.com.
Forward-Looking Statements:
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of Coastal Integrated Services Inc.'s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Mr. John Newman, President
Tel: 702-720-6757
www.simplyinnovativeproducts.com