ECFL Board of Directors Decides against a Reverse Stock Split
DALLAS--eCarfly, Inc. (Pink Sheets:ECFL) announced today that the Board of Directors has decided against a reverse stock split. Negotiation of the possible new merger will continue on course.
“I believe that it’s in the best interest of our company and to our investors not to engage in a reverse stock split at this time,” stated Desmond Milligan, eCarfly, Inc. CEO.
About eCarfly, Inc.
eCarfly, Inc. has closed the Chicago Office and the Plano Office. The corporate office is being re-located to a new area in Dallas, TX and should re-open in the next couple of weeks. The new address and telephone number will be released to the public when the move is completed.
eCarfly provided individuals and automotive dealers a hassle-free and cost-effective alternative to sell their vehicles while reducing to zero traditional costs associated with the vehicle sales process!
eCarfly is currently focusing on new business ventures that will allow for new opportunities for shareholders.
Disclaimer
Matters discussed in this press release are "forward-looking statements." Statements describing company objectives are forward looking. Company's plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the company and market evaluations of its stock, which could cause actual results to differ materially from those anticipated.