MISSION VIEJO, CA — (Marketwire) — 01/04/12 — Godfather Media, Inc. (PINKSHEETS: ENKGD) is at the forefront of the mobile and social media marketing revolution, providing turnkey mobile messaging and social networking platforms through our subsidiaries. Announced by Financial Industry Regulatory Authority (“FINRA”) on December 23, 2011 that a reverse stock split became effective on December 27, 2011. This action followed stockholder approval by written consent of the majority of the stockholders taken without a meeting on November 18, 2011, which approval granted authority to the Company-s Board of Directors to affect a reverse stock split of the Company-s authorized issued and outstanding common stock.
The company will have a new CUSIP number of 380285205 starting on December 27, 2011. As part of the reverse stock split, FINRA will append a “D” to the Company-s ticker symbol to indicate the completion of the reverse split. After 30 business days following the reverse split, the ticker symbol will change to “GFMD.”
Additional Information for Shareholders
No shareholder should take any action with respect to the reverse stock split at this time.
Shareholders who hold their shares in brokerage accounts, also known as holding the shares in “street name,” will not be required to take any action after the reverse split becomes effective, as the number of their shares of the Company-s common stock will be automatically adjusted to reflect the number of shares as adjusted by the reverse stock split.
Shareholders of record who hold physical stock certificates should contact Company-s Transfer Agent, American Registrar and Transfer Company (“American Registrar”) to discuss the fractional shares. American Registrar will act as the sole exchange agent for implementing the handling of stock certificates. Shareholders should not send stock certificates to the Company. Shareholders should not destroy any stock certificates and should not submit any stock certificates until requested to do so by American Registrar.
American Registrar and Transfer Company
Telephone: 801-363-9065
About Godfather Media, Inc.
Godfather Media, Inc. plans on growing its new business by acquiring interest in companies in mobile and social media, with talented executive management teams, smart mobile and social media products and services having a business model that generates revenues and are profitable. Our philosophy is that through a strong management team a strong company can be built, whether the acquired businesses are start-ups, in the later development stages, fully-operating entities with positive cash flow or distressed companies in need of our management-s expertise to achieve turn around.
Godfather Media Inc. will offer these subsidiaries financial assistance, critical strategic support and management support from an experienced team, to support and grow them. Our shareholders will be updated on a quarterly and annual basis via newsletters, teleconferencing and press releases whenever material events occur.
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FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the Mobile and Social Media industry; the positioning of Godfather Media in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Godfather Media can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.
Investor Contact Information:
Michael Cummings
Chairman, CEO and President
Email:
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