LAS VEGAS, April 5, 2010 (GLOBE NEWSWIRE) -- Registered Express Corporation (www.registeredexpress.com) (Pink Sheets:RGTX) announced today that it has filed notice with FINRA to effect a forward stock split of all of the outstanding shares of its common stock at a ratio of four shares for every one share (4:1) to be payable as a dividend. The date of record for the forward stock split is Friday, April 9, 2010, meaning that all shareholders of record as of the close of trading on Friday, April 9, 2010, will be eligible for the dividend. The Company has requested an effective payment date of Monday, April 12, 2010, and is awaiting confirmation from FINRA as to this date. The forward split will be paid as a dividend and no action is required by shareholders to participate in the dividend. The Company will send out an additional news release once FINRA confirms the effective date of the forward stock split.
The Company has resolved to effect this forward stock split due to anticipated continued growth of its customer base and acceptance of the live system at www.registeredexpress.com, increased market audience, and to allow for growth potential and reasonable increase in its corporate valuation.
Visit the Registered Express web site at www.registeredexpress.com for features and details.
About Registered Express™
Registered Express Corporation is in the principal business of marketing and deploying a registered system for the secure and verifiable delivery of electronic documents. The Company is incorporated in the State of Delaware; Registered Express(tm) is headquartered in Las Vegas, Nevada.
Registered Express(tm) is designed as an easy-to-use, web-based service that is safe, secure, reliable and able to meet the needs of the most demanding customer. The service is based on a "pay as you use" model, does not require any program downloads, is fully automated, and each transaction is fully documented throughout the process.
Forward-Looking Statements
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will,'' "anticipates,'' "believes,'' "plans,'' "goal,'' "expects,'' "future,'' "intends,'' and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release.
For further information: www.registeredexpress.com