DELRAY BEACH, Fla., Sept. 12, 2012 (GLOBE NEWSWIRE) -- InZon Corporation (OTCBB:IZOND) (the "Company") today announced that it has received approval from the Financial Industry Regulatory Authority ("FINRA") clearing the previously announced one-for one hundred reverse stock split. According to FINRA's approval, the reverse stock split will take effect Wednesday, September 12, 2012 ("Effective Date"). On the Effective Date, the Company's trading symbol will change from "IZON" to "IZOND" for approximately twenty business days after which time it will revert back to "IZON". Upon the effectiveness of the reverse stock split, there will be approximately 4,859,745 shares of the Company's stock issued and outstanding.
All records of the Company's transfer agent, Continental Stock Transfer & Trust will be updated to reflect the change. Shareholders who hold their shares in brokerage accounts or "street name" are not required to take any action to effect the exchange of their shares. Shareholders who have existing stock certificates will receive instructions from the transfer agent after the reverse stock split becomes effective.
About InZon Corp.
InZon currently has no operations. It is the holding company of American Visiontech Company Ltd.
The company is currently located at 238 NE First Ave, in Delray Beach, FL.
About American Visiontech Company Limited
American Visiontech Co. Ltd. (AVC) is a private company registered in British Virgin Island that focuses in equity investment in public and private companies. For further information, please visit our corporate web site http://www.americanvc.com
AVC has several branch offices in the Asia Pacific region, mainly investing in high technology companies and high growth enterprises in various industries. It looks for mergers and acquisitions opportunities and also invests in initial public offerings opportunities.
AVC focuses on assisting Chinese companies to go public in US and Canada. AVC has a team of professionals bringing in valuable capital market experience for those small and medium enterprises.
Cautionary Note About Our Forward-Looking Statements
All of our statements that contain other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements" within the meaning of applicable federal securities law. Forward-looking statements may generally be identified by words such as "believe," "project," "expect," "may," "estimate," "intend," "plan," "will," "could," and similar expressions. The Private Securities Litigation Reform Act of 1995 contains safe-harbor provisions for forward-looking statements, and we intend that our forward-looking statements be covered by those provisions.
Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, both known and unknown, that may cause actual future results to differ materially from those indicated in the forward-looking statements. Our ability to predict future results of current plans or strategies is inherently uncertain. Factors that could have a material adverse effect on our future operations and prospects include, but are not limited to: competition, interest rates, changes in economic conditions, litigation, political and regulatory changes, the cyclical nature of the mining industry, technical issues inherent in the mining process, our ability to attract and retain qualified personnel, the availability of capital and a change in demand for minerals produced. These risks and uncertainties should be considered when evaluating forward-looking statements, and undue reliance should not be placed on such statements.
We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. More information concerning our business, including additional factors that could materially affect our financial results, may be found in our periodic filings with the SEC ( http://www.sec.gov ).
Investor Relations:
Perfians Networks Corp.
416-847-7871 (phone)
ir@perfians.com
This information was brought to you by Cision http://www.cisionwire.com
http://www.cisionwire.com/inzon-corporation/r/inzon-announces-one-for-one-hundred-reverse-stock-split--effective-september-12--2012,c9303893