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NX Global, Inc. Announces Corporate Action
Oct 27, 2011 (04:10 PM EDT)
AUSTIN, Texas, Oct. 27, 2011 /PRNewswire/ -- NX Global, Inc. (OTCBB: NEGS) announced today that a reverse split of its common stock 1:100 will be effective at the market open October 28, 2011 and trade under the symbol NEGSD for twenty business days before reverting to NEGS.
The company also announced that a joint venture previously announced with the United Women's Football League was terminated by the company.
NX Global, Inc. is negotiating for joint ventures and acquisitions with "green" businesses and products. These agreements are expected to be completed in November.
About NX Global, Inc.:
NX Global, Inc. (OTCBB: NEGS) and its subsidiaries are publicly traded companies located in the USA.
Forward-Looking Statement: This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements.
NX Global, Inc.
SOURCE NX Global, Inc.