Russell Industries, Inc. (Pink Sheets:RUSL) The question has been asked
by a few of our shareholders, "Does Russell Industries plan to do a
reverse stock split in the near future?" "The Board of Directors of
Russell Industries has no intention of effecting a reverse split of the
Company’s common stock in the foreseeable
future," states Rick Berman, President and CEO.
Russell Industries, a Nevada Corporation, was incorporated in 1997. The
Company is a holding company that will possibly acquire assets in the
energy, mining, healthcare and financial industries.
Safe Harbor
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), and as such, may involve risks and uncertainties.
Forward-looking statements, which are based on certain assumptions and
describe future plans, strategies, and expectations, are generally
identifiable by the use of words such as "believe," "expect," "intend,"
"anticipate," "estimate," "project," or similar expressions. These
forward-looking statements relate to, among other things, expectations
of the business environment in which the Company operates, projections
of future performance, potential future performance, perceived
opportunities in the market, and statements regarding the Company's
mission and vision. Investors should be aware that the Company raises
equity capital by selling its stock as per SEC Regulation D, Rule 504
Exemption to Accredited Investors. One result to date of this method of
financing is a large amount of issued and outstanding free trading
common stock in the market.
Russell Industries, Inc.
Rick Berman, +1 832-631-6099
Fax: +1
832-631-6274
irrsds@aol.com