GSHF News DirectView Reincorporates in Delaware and Completes 1-for-250 Reverse Stock Split
NEW YORK--(BUSINESS WIRE)--DIRECTVIEW, INC. (OTC Bulletin Board: DRVW) announced today that it has
reincorporated in Delaware. The reincorporation was effected by merging
DirectView, Inc., a Nevada corporation, into its subsidiary, GS Carbon
Corporation, which is a Delaware corporation. The surviving corporation
is named “GS Carbon Corporation.”
The Merger Agreement provided that each 250 shares of common stock of
DirectView, Inc. will be converted into one share of common stock of GS
Carbon Corporation, resulting in a 1-for-250 reverse split of DirectView’s
outstanding common stock. Fractional shares resulting from the exchange
will be rounded up to a whole share.
The common stock of GS Carbon Corporation will commence trading on a
post-reverse split basis on Friday, December 8, 2006, under the trading
symbol “GSCR.”
About GS Carbon
GS Carbon Corporation is a development stage company that was founded to
facilitate decarbonization in ways that cost-effectively capitalize on
the evolving carbon markets. GS Carbon’s
ambition is to affect reductions in the carbon intensity of energy
consumption by investing in carbon trading, developing and
commercializing advanced new decarbonization technologies, and by
developing and owning renewable energy production assets.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking statements" within the meaning of the Securities Act of
1933 and the Securities Exchange Act of 1934, as amended by the Private
Securities Litigation Reform Act of 1995. Those statements include
statements regarding the intent, belief or current expectations of GS
Carbon Corporation (f/k/a DirectView, Inc.), and members of their
management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks
and uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements. Important factors
currently known to management that could cause actual results to differ
materially from those in forward-statements include fluctuation of
operating results, the ability to compete successfully and the ability
to complete before-mentioned transactions. The company undertakes no
obligation to update or revise forward-looking statements to reflect
changed assumptions, the occurrence of unanticipated events or changes
to future operating results.
