Digital Info Security Company Announces Reverse-Split of Common Stock

ARVADA, CO / ACCESSWIRE / June 10, 2016 / Digital Info Security Company DGIF, announced that it will effect a 1-for-40 reverse stock split of its outstanding common stock effective June 15th, 2016 ("Effective Time"). As a result of the reverse stock split, every forty shares of the Company's common stock issued and outstanding as of the Effective Time will be consolidated into one issued and outstanding share. Should the reverse stock split result in any of the Company's stockholders owning a fractional share, such fractional share will be rounded up to the next highest whole share.

The Company has retained its transfer agent, Mountain Share Transfer, LLC. ("MST") www.mountainsharetransfer.com, to act as its exchange agent for the reverse stock split. MST will provide stockholders of record as of the Effective Time with a letter of transmittal providing instructions for the exchange of their stock certificates. Stockholders owning shares via a broker or other nominee will have their positions automatically adjusted to reflect the reverse stock split, subject to brokers' particular processes, and will not be required to take any action in connection with the reverse stock split. From the effective time there will be a temporary stock symbol change for 20 days adding a D to the symbol (DGIFD). A reverse stock split within a range of one-for-forty was approved by the Company's majority stockholders at a meeting of Stockholders held on November 30th, 2015 and the specific ratio of one-for-forty was subsequently approved by the Company's Board of Directors. This action has been taken in order to facilitate future business transactions and acquisitions to be announced at a later date.

FURTHER INFORMATION

For additional information about the content found in this release or about Digital Info Security Company, contact James R Clark at 720-427-8938

SAFE HARBOR STATEMENT

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently, and other factors detailed in reports filed by the Company.

SOURCE: Digital Info Security Company