SCOTTSDALE, ARIZONA — (Marketwired) — 10/02/13 — The Board of Directors of VisualVault Corporation (CNSX: VVT) (the “Company”) wishes to announce that they have unanimously agreed to proceed with a share consolidation and name change pending Canadian National Stock Exchange approval. The proposed consolidation, previously approved by a special majority of shareholders of the Company on December 7, 2012, will see shareholders of the Company as of the record date of October 2, 2013 receive one new share for every two shares held. The new company, named Certive Solutions Inc., will trade on the Canadian National Stock Exchange under the ticker symbol “CBP”. The Company will have approximately 14,066,677 shares issued and outstanding. Shareholders wishing additional information are asked to contact our corporate offices at 480-922-5327.
ON BEHALF OF THE BOARD OF DIRECTORS OF VISUALVAULT CORPORATION
Van Potter, President, CEO, Director
About VisualVault Corporation – Corporate Name Change Pending
VisualVault Corporation (Scottsdale, Arizona,) provides software as a service (SaaS) business service solutions to the .healthcare market. At the date of this press release there is no direct or indirect affiliation financially or corporately between VisualVault Corporation and Auersoft LLC, owner of the VisualVault trademarks and logos.
The forward-looking information contained in this press release is made as of the date of this press release and except as required by applicable law, the company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires the company to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information. Neither the Canadian National Stock Exchange nor its regulation services provider (as that term is defined in the policies of the Canadian National Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
VisualVault Corporation
Brian Cameron
Chief Financial Officer
480-922-5327
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