SCOTTSDALE, AZ, Sept. 11, 2014 /CNW/ - mix1 Life, Inc., (OTCBB: MIXX) will trade under the symbol (OTCBB: MIXXD) after a 1-for-3 reverse stock split. The company has also submitted its application to list on the NASDAQ Capital Market.
mix1 announced today a 1-for-3 reverse split of its stock. The decision to affect the reverse stock split was made to meet eligibility of the listing standards for the NASDAQ Capital Market.
Cameron Robb, Chairman and CEO of mix1 says, "We are pleased to have submitted our application for listing to NASDAQ. An up listing has been a part of our strategy to increase shareholder value and to enhance awareness of the Company in the capital and consumer markets."
Mr. Robb went on to say, "In one short year we have accomplished a tremendous amount. This includes introducing our new and improved mix1 protein drink, which is now generating revenue, as well as implementing several strategies to increase distribution through our retail presence. Submitting this application is a very important step in the evolution of mix1."
mix1's common shares will trade under the ticker symbol "MIXXD" for 20 business days from the effective date of September 10, 2014 and will then revert back to its trading symbol of "MIXX" once this period of time has passed.
About mix1 Life, Inc.
mix1 Life, Inc., ("MIXX" or "mix1"), is the innovator and distributor of mix1 natural nutritional products. Here at mix1 the philosophy is pretty simple: we only create products with natural, high-quality ingredients that are truly functional. We believe natural products are better than artificial ones and are the key to leading a healthy balanced life. As a company we want to improve people's lives by promoting active lifestyles and overall health. mix1 has the perfect mix to fit your life and schedule. Never again will you miss getting the necessary nutrients because you were too busy to eat. We strive to help you make healthy choices during your busy day in order to help you feel your best not only today, but every day.
Cautionary Note Regarding Forward-Looking Statements. This press release contains forward-looking statements that involve risks and uncertainties, including the Company's beliefs about its business prospects and future results of operations. Some factors that could cause actual results to differ materially include economic and operational risks, changes in anticipated earnings, continuation of current contracts, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including its most recent Forms 10-KSB and 10-QSB. The Company forecasts provided above are dynamic and therefore refer only to this release date. The Company does not undertake to update any forecasts that it may make available to the investing public.
Company Contact: mix1 Life, Inc., Cameron Robb, CEO, [email protected]
Investor Relations Contact: ICR, LLC, John Mills, (310) 954-1105, [email protected]
SOURCE: Mix1 Life, Inc.