a six-month moratorium on the issuance of common s
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Posted On: 10/15/2012 12:35:03 PM
a six-month moratorium on the issuance of common shares
HUNTINGTON BEACH, Calif., Sep 18, 2012 (GlobeNewswire via COMTEX) -- via PRWEB - Greenway Design Group, Inc. (GDGI) Board of Directors today announced that it has issued a six-month moratorium on the issuance of common shares. The resolution is effective immediately.
The resolution states: "The Board takes this action to address perceived undervalued share price and to limit short-term market tactics that do not serve the long-term objectives of the company and its shareholders. The Board's goal is to take all actions that it deems is necessary to grow a sustainable business and to protect share value whenever possible."
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