ProConcept Marketing Group (OTC: PRMK, PRMKD) today announced its completion of a 1 for 100 reverse stock split of its outstanding common stock. Beginning Wednesday, June 8, 2022, the company’s common stock will trade on a post-split basis under the symbol PRMKD. According to the update, the company’s name has been changed to Lelantos Holdings Inc. and, after 20 business days, its symbol will be changed to LNTO. As a result of the reverse stock split, every 100 shares of the company’s common stock issued and outstanding was consolidated into one issued and outstanding share, except to the extent that the split results in any of the company’s stockholders owning a fractional share, which will be rounded up. In connection with the reverse stock split, there will be no change in the $0.001 nominal par value per share. “We have been working on the process of our merger, name change, reverse split and symbol change for quite some time, and I am beyond excited to see it finally come to fruition,” said Joshua Weaver, vice president and chief operating officer of Lelantos Holdings. “As we move forward and complete the merger, we will be announcing full details of our business plan, current activities, and how we plan to deliver sustainable value to our shareholders.”
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About Lelantos Holdings Inc.
During the process of completing the name change, symbol change and reverse stock split, Lelantos Holdings has been actively developing a number of new projects, ventures and partnerships. The company intends to deliver its acquisition targets, details about its new partnerships, and further information on its expansion it gets closer to completing the merger and symbol change.
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