USA REAL ESTATE HOLDING COMPANY ANNOUNCES THREE FOR ONE FORWARD (3:1) STOCK SPLIT
The Board of Directors of USA Real Estate Holding Company (Pinksheets: USTC) a holding company of oil & gas production and movie production, today announces that the Board has approved a three (3) share for one (1) share "Forward Stock Split" of the Company's common stock, par value $.00001 per share.
Missoula, Montana, February 17, 2015 (Newswire.com) - The Board of Directors of USA Real Estate Holding Company (Pinksheets: USTC) a holding company of oil & gas production and movie production, today announces that the Board has approved a three (3) share for one (1) share “Forward Stock Split” of the Company’s common stock, par value $.00001 per share. The Record Date for the Forward Stock Split is likely May 15, 2015. The Company will issue two new shares of common stock for each common share currently held by shareholders. The purpose of the forward stock split is to increase the liquidity of the Common Stock and to enhance USA Real Estate Holding Company’s ability to list its shares of Common Stock on a national securities exchange.
Company chairman & president Jeffrey R. Bruhjell said “we have several regulatory compliance issues to attend to and our lawyer will get FINRA 6490 filed along with SEC, state of Delaware and CUSIP details done. Once we have the ex-dividend date we can confirm the Record Date for the Forward Stock Split expected to be May 15, 2015.”
Company chairman & president Jeffrey R. Bruhjell said "we have several regulatory compliance issues to attend to and our lawyer will get FINRA 6490 filed along with SEC, state of Delaware and CUSIP details done. Once we have the ex-dividend date we can confirm the Record Date for the Forward Stock Split expected to be May 15, 2015."
Jeffrey R. Bruhjell, Chairman & president
Company: 406-322-3844 http://www.sierracora.com
Further information can be obtained by contacting our Investor Relations firm Pacific Equity Alliance at +1 858-886-7237 http://www.pacificequityusa.com
Safe Harbour Statement
This communication contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of USA Real Estate Holding Company and members of its management as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions.
The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: USA Real Estate Holding Company