ABC Dispensing Reverse Splits
Effective August 29, 2005, ABC Dispensing Technologies facilitated a reverse split of its company common stock at the rate of 1,000 old shares to 1 new share.
The reverse split is now in effect and leaves 24,000 shares issued and outstanding against 150,000,000 authorized shares. "We are still in the research and developement stages as far as our sauces, dressings, and frozen foods are concerned, but our water line of "au Le Cadeau is in its final stages of production," says Denise Sullivan, President of ABC Dispensing. "We are very proud of the progress that has transpired to date and are looking forward to begin production in the near future."
ABC Dispensing was formerly known as the innovator of dispensing technology solutions. Today, the new ABC will primarily focus on the food and beverage industry with its high end gourmet product line which will include bottled water, salad dressings, sauces, and frozen foods.
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