CBDD Announces No Reverse Stock Split

PR Newswire - finance.yahoo.com Posted 4 years ago

DENVER, Jan. 8 2019 /PRNewswire/ -- CBD of Denver, Inc. (CBDD) is pleased to announce that the company will not be conducting a reverse stock split of CBDD common stock in the foreseeable future.

The company was recently granted an official name and symbol change, allowing them to push forward with their transition into the CBD industry. Nicholas Sprung, CEO of CBDD stated, "I am pleased to announce, in response to shareholder inquiries, CBD of Denver, Inc. does not anticipate a reverse stock split in the foreseeable future." Now that our name change is complete, our focus is to increase Revenues, Profitability and enhance value for all our Shareholders. CBD of Denver is aiming to take full advantage of all opportunities made possible by the company's recent transition into the CBD industry.



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