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REMI Remedent Inc (PK)

0.055
0.00 (0.00%)
16 Aug 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Remedent Inc (PK) USOTC:REMI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.055 0.05 0.097 0.00 21:00:00

Remedent Inc.: Company Announcement

10/06/2005 7:10pm

PR Newswire (US)


Remedent (PK) (USOTC:REMI)
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Remedent Inc.: Company Announcement DEURLE, Belgium, June 10 /PRNewswire-FirstCall/ -- Remedent Inc. (REMI) announced today that it has completed the following effective as of close of business June 3, 2005: 1. The implementation of a one for twenty reverse stock split; 2. The change of our name from "Remedent USA, Inc." to "Remedent, Inc" (REMI-OTC Bulletin Board); 3. The acquisition of the remaining 78% of our subsidiary, Remedent N.V., through the issuance of shares of our common stock equal to 78% of our issued and outstanding shares following the completion of the transaction. These corporate actions were taken in accordance with a shareholder's written consent as described more fully in an information statement filed with the Securities and Exchange Commission by Remedent on May 9, 2005 and which became effective June 3, 2005. "These events represent key steps in Remedent's goals of continuing to expand its leadership role as innovators in the tooth whitening industry in Europe and Asia as well as begin to establish operations in the United States," stated Guy DeVreese, the Company's Chairman of the Board. About Remedent Inc. Remedent Inc., and its subsidiary Remedent NV based in Deurle, Belgium ("Remedent"), is a leading provider of cosmetic dentistry products, including a full line of professional dental and retail "over the counter" tooth whitening products with distribution that, to date, encompasses over 35 countries throughout Europe, Asia and South America. This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this release, the words "anticipate," "believe," "estimate," "expect" and similar expressions are intended to identify such forward-looking statements. Remedent, Inc.'s actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information relating to the risks and uncertainties pertaining to these forward-looking statements, the reader is referred to the "risk factors" section in Remedent Inc.'s Form 10-KSB and other related documents filed with the Securities and Exchange Commission. DATASOURCE: Remedent Inc. CONTACT: Guy De Vreese, Chairman of Remedent Inc., +32-9-321-70-80

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