SCOTTSDALE, Ariz., Nov. 13, 2013 (GLOBE NEWSWIRE) -- Arem Pacific Corporation (OTCBB:ARPC) today announced clarifications and amplifications for trading its stock.
George Leong, CEO of AREM commented, "For those of you who still have questions on how to trade their AREM stock, please follow these rules: if you had free trading shares already deposited in your brokerage account 'before' and 'after' the merger with AREM, you do not need to do anything, you should be able to continue to trade; if you have free trading shares not deposited into a brokerage account, you may do so at any time; however, because of a reverse split of 388:1 ratio, your share number will be lower by a ratio of 388:1; if you have restricted shares, you cannot trade, you have to wait until a later time when the Company has registered the shares with the SEC. If you have questions about how to change names and number of shares you have, etc, you can contact our transfer agent, Interwest Transfer Company, Inc. If you have questions about the free trading shares already in your brokerage account, call your broker about any issue or ask your broker to call our transfer agent directly, Interwest Transfer Company, Inc." Again, if you already have shares deposited in your brokerage account, you should contact your broker directly.
| Arem Pacific Corp's Transfer Agent: |
| Interwest Transfer Company, Inc. |
| 1981 Murray Holladay Road, Suite 100 |
| Salt Lake City, UT 84117 |
| Phone: (801)272-9294 |
| Fax: (801) 277-3147 |
| Hours of operation |
| 8 A.M. to 5 P.M. M.S.T. |
| Monday thru Friday |
| Except legal holidays. |
Our website link: http://www.arempac.com.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.