BlastGard International, Inc. Announces Name Change from Opus Resource Group, Inc, Completion of 5-for-1 Reverse Stock Split, and New Stock Symbol
March 30, 2004, Clearwater, FL. BlastGard International, Inc. (OTCBB: BLGA - news) is pleased to announce that effective today it has completed its name change from Opus Resource Group, Inc. and a 5 for 1 reverse split of the Company's outstanding common stock. The new ticker symbol for the company's common stock is "BLGA". The Shareholders had authorized these transactions at a Special Shareholder Meeting held on March 12, 2004.
The reverse split will be effective at the opening of business on March 31, 2004. As a result of the split, Shareholders of record at the close of the business day on March 30, 2004 will receive one common share for every five shares currently held. No fractional shares will be issued by the Corporation as a result of the Reverse Split. Any fractional shares created as a result of the split shall be rounded into one whole share.
About BlastGard International, Inc.
BlastGard International, Inc. creates designs, develops, manufactures
and markets proprietary blast mitigation materials. The Company's
patent-pending BlastWrap® technology effectively mitigates blast
effects and suppresses post-blast fires. This unique technology is
being used to create new, finished products or to retrofit to existing
products. BlastWrap® is a market leading product from which blast
protection solutions are built to save lives and reduce damage to
valuable assets from explosions. Additional information on BlastGard
can be found at http://www.blastgardintl.com.
"Safe
Harbor" statement under the Private Securities Litigation Reform Act of
1995: Except for historical information, all of the statements,
expectations and assumptions contained in the foregoing are
forward-looking statements that involve a number of risks and
uncertainties. It is possible that the assumptions made by management
are not necessarily the most likely and may not materialize. In
addition, other important factors that could cause actual results to
differ materially include the following: the Company's ability to
market its products; the Company's ability to obtain additional
funding; the Company's ability to obtain regulatory approvals on new
products, the general economy; competitive factors; ability to attract
and retain personnel; the price of the Company's stock; and other risk
factors. The Company takes no obligation to update or correct
forward-looking statements.
Company Contact:
BlastGard International, Inc.
Michael J. Gordon
(727) 592-9400 |
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