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Thu, December 8, 2011
Wed, December 7, 2011

Marquis Tech Holdings Announces 5% Forward Split for Loyal Shareholder Base


Published on 2011-12-07 19:00:34 - Market Wire
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NEW YORK--([ ])--Marquis Tech Holdings, Inc. (Pink Sheets: MGRND), currently focusing on gold mining in Guyana, announces today that FINRA has approved a 1.05 for 1 forward stock split, effective this morning, December 7, 2011. All shareholders as of the end of business yesterday will be receiving an additional 5% common shares, which will be payable upon surrender of old certificates. Any shares purchased today or after today will not need to be exchanged for new shares and as such can be sold immediately.

CEO Saratu Phillips stated, aWhile this action cost the company both time and money, we felt it was necessary due to the overwhelming response from shareholders on the last forward split in July. This is a company that listens to its shareholders and wants to continue to reward its loyal shareholder base. While the company has been extremely focused on its operations in remote areas of Guyana these past few weeks, we promise to update our shareholders on our progress shortly. This was an extremely productive quarter and we are looking forward to sharing our results with our shareholders.a

The company plans to add updated project information to its website [ www.marquistechholdings.com ] later this week.

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

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