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ENVIROTEK Announces Reverse Split Stock Restructure and New Trading Symbol

^{Published on 2009-10-28 07:20:00 - Market Wire}
 

COSTA MESA, CA--(Marketwire - October 28, 2009) - ENVIROTEK (PINKSHEETS: [ INCL ]) today announced the effective approval of the company's common stock restructure by way of a reverse split at a ratio of 1000-1 along with the new trading symbol (PINKSHEETS: [ ENTK ]) effective 10-28-2009.

ENVIROTEK President Robert Thompson today announced the Board of Directors approved the reverse split for a number of qualified reasons. "Primarily the company has been diligently pursuing 'Green' products and technology solutions for some time and did not deem informational updates appropriate until such times as the agreements were in fact consummated. We felt that in order to grow this company to the expected levels of revenue and profitability this restructure of the common stock was an absolute requirement. The company will be providing information and updates on a regular basis of the 'Green' technology acquisitions, solutions, partnerships and joint ventures."

Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as INCL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

View this release in video format: [ http://www.vodnewswire.com/vodnewswire/news/envirotek-20091028/ ]