14/02/2018 20:29:17

Vitalibis, Inc. Announces Name Change, Symbol Change and Forward Stock Split

LAS VEGAS, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Vitalibis Inc. (OTC:SALLD) (the "Company"), a technology-based seller of premium, full spectrum CBD oil, along with personal care and nutritional products formulated with premium hemp extracts, today announced that, effective February 8, 2018, the Company changed its name from Sheng Ying Entertainment Corp. to Vitalibis, Inc., accurately reflecting the Company's primary line of business within the full spectrum CBD oil, personal care and nutritional products markets. In addition to the name change, the Financial Industry Regulatory Authority (FINRA) has approved ”VCBD” as the Company's new ticker symbol. For a period of twenty business days, the Company will trade under the symbol 'SALLD,' after which, the Company will trade under the symbol 'VCBD.'

The name and symbol change follows Vitalibis, Inc, entering into a Plan of Merger with Sheng Ying Entertainment Corp., which became effective on February 8, 2018. In conjunction with the merge, Vitalibis, Inc., has also completed a 2.5 for 1 forward stock split of its common stock. The record date of the stock split was February 8, 2018. Shareholders of record as of such date have received 2.5 shares of the Company's common stock for each one share that they owned as of the market close on the record date. The distribution of the new shares was effected on February 8, 2018. The Company's transfer agent records have been updated to reflect the stock split and distribution of the new shares. As a result of the stock split, the issued and outstanding shares of the Company's common stock have increased from 10,804,000 shares to 27,010,000 shares.  The Company’s authorized shares of common stock have increased from 45,000,000 shares to 112,500,000 shares.

About Vitalibis, Inc.

Vitalibis endeavours to be an iconic lifestyle brand, which promotes health and wellness within the rapidly growing cannabis industry. Vitalibis seeks to utilize a robust technology platform and innovative micro-influencer sales model to market and sell premium, full spectrum CBD oil, along with personal care and nutritional products formulated with premium hemp extracts. In addition to leveraging technology and selling high-quality products, Vitalibis will focus on supporting non-profits with environmental and neuro-emotional missions.

For additional information, www.vitalibis.com

Contact:

Vitalibis Inc.

702-944-9620

Info@vitalibis.com

Forward-Looking Statements

This press release contains forward-looking statements, including statements such as "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the future condition of the capital markets in general and the market for microcap securities. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
14 Aug
VELO
Vi har diskuteret markedet for immunosuppressive medikamenter før, og jeg har i et tidligere indlæg ..
23
16 Aug
GEN
Det er interimdata vi venter på og altså ikke det fulde data sæt - kigger vi på de tre andre fase II..
19
15 Aug
VELO
Bare t.o. Jeg taler efter planen med Craig Collard i eftermiddag og sender en artikel ud i morgen.  ..
18
13 Aug
VELO
Husk at markedet er gigantisk! Astellas' to produkter AstagrafXL og Prograf solgte for ca. 12 mia. k..
18
17 Aug
VELO
Q2-18 er udkommet og jeg har fået set lidt på regnskabet. Overordnet set fulgte selskabets resultat ..
17
15 Aug
 
Endnu et fantast firma på First North...og denne gang med det flatterende navn Hypefactor...   Når m..
16
13 Aug
VELO
Dette er på alle måder et super regnskab. jeg er helt enig med dem der forventer endnu en opjusterin..
16
13 Aug
PNDORA
22,8 mia. kr. i 2017 synes smykkerne var pæne. det tæller mere end din ene mening
16
14 Aug
VELO
Svar fra Kevin Grønnemann, Medwatch.....   Mange tak for din mail og for jeres forslag.   Det er nog..
14
16 Aug
VELO
Hej jp335671   Dine indlæg bliver næsten konsekvent filtreret væk. Er du tilknyttet MedWatch på en m..
12

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

Related news
21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Lifeway Foods, Inc. Announces Results for the Second Quarter Ended June 30, 2018
2
Grant of subscription rights
3
Insurance Reps Sold School Head Susie Osborne "Useless" Lloyd’s of London Policy Despite Better Options, Lawsuit Claims
4
Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Zoe’s Kitchen, Inc. (ZOES) on Behalf of Stockholders and Encourages Investors to Contact the Firm
5
Hilltop Cybersecurity Announces a New CISO

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2018   Disclaimer and Terms of Use
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
18 August 2018 07:11:13
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20180816.1 - EUROWEB4 - 2018-08-18 08:11:13 - 2018-08-18 07:11:13 - 1000 - Website: OKAY