American-Swiss Capital recently issued an update on its website announcing that it is officially a publicly traded company following its move to take control of Rineon Group, Inc. (OTC: RIGI). The company also announced that has filed a Form 10 with the Securities & Exchange Commission (“SEC”) to become a fully reporting company. Documents have been filed with the Financial Industry Regulatory Authority (“FINRA”) for a name change from Rineon Group, Inc. to AS Capital Inc., a ticker symbol change and a reverse split of the stock to reduce the shares outstanding by a factor of 10. The company reports that these have been agreed to by FINRA pending documentation from the state of Nevada. Per the update, the company anticipates that these changes will be in effect within 30 days. Additionally, the company intends to immediately apply to uplist the OTCQB Venture Market. Following the completion of these initiatives and changes, the existing company will merge all assets and operations of American-Swiss Capital Inc. directly into the publicly traded company.
To view the full update, visit http://nnw.fm/ey97C
About American-Swiss Capital, Inc.
American-Swiss Capital, Inc. is a Real Estate Investment company based in the USA with a focus on seeking quality and undervalued investments. It was established with the vision of becoming a conduit between the USA Equity Markets and Global Real Estate Markets. American-Swiss Capital is headquartered in Miami, Florida. For more information, visit www.AS-Capital.com.
More from NetworkNewsBreaks
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com