Posted On: 04/24/2014 10:18:40 AM
Post# of 75539
Grisaffi continued, "This is a giant step towards the Company's successful exit from Chapter 11 reorganization and will benefit both our creditors and our shareholders. With the return of the Welch stock to treasury the share structure will be reduced to 202,730,433. There will be no reversal of the stock and all shares held by investors will be unaffected. This will help us move forward with our plans to acquire Chill Texas, which will provide us with a solid revenue base to grow and meet our plan obligations."
"We are happy to move even further in the reorganization process and to look for acquisitions that create shareholder value," said Grisaffi.
"We are happy to move even further in the reorganization process and to look for acquisitions that create shareholder value," said Grisaffi.
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