BEVERLY HILLS, CA -- 11/25/09 --
ECOLOGIX Resource Group (OTCBB: EXRG), a
natural resource company focused on the timber industry and production of
alternative energy solutions, announced today its Board of Directors has
approved a one-for-ten forward stock split, in the form of a stock
dividend, payable to ECOLOGIX common and preferred shareholders.
The Company anticipates the stock split will be payable on or about
November 30, 2009 to shareholders of record as of November 27, 2009 and is
subject to FINRA approval. When the forward stock split becomes effective,
shareholders of both common and preferred shares will receive an additional
nine shares for every one share held. ECOLOGIX expects the Board's
decision will improve liquidity and trading volume in the Company's stock.
About ECOLOGIX Resource Group
ECOLOGIX Resource Group is a natural resource company focused on the timber
industry and production of alternative energy solutions in accordance with
the most stringent environmental standards regulating these industries.
Additional information on ECOLOGIX Resource Group is available on its
website, www.ecologixrg.com.
Safe Harbor
This press release contains forward-looking statements made pursuant to the
Safe Harbor provisions of the Private Securities Litigation Reform Act of
1995. Readers are cautioned that a number of factors could cause our
actual results to differ materially from any results indicated in this
release or in any other forward-looking statements made by us, or on our
behalf. These include among others factors related to general economic
conditions, interest rates, demand for materials handling products and
construction equipment, performance of our manufacturing facilities and the
cyclical nature of the materials handling and construction equipment
industries. Further, historical information should not be considered an
indicator of future performance. Additional considerations and important
risk factors are described in our reports on Form 10-K and 10-Q and other
filings with the Securities and Exchange Commission.
ECOLOGIX Resource Group
Toll free: 1 888-LOGIXRG (564-4974)
Email: ir@ecologixrg.com
