CortDev, Inc. Updates Status of Stock Repurchase Plan.HOUSTON -- CortDev, Inc. (CDVJ: Pink Sheets) is pleased to announce that the stock repurchase plan stock repurchase plan 1. See buyback. 2. See self-tender. is progressing as per schedule. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the July 20 press release, the Company intends to repurchase up to an aggregate maximum of 100,000,000 shares of common stock during the next quarter. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Andrea Cortellazzi stated, "We will continue to repurchase shares and may increase the amount that we originally intended to buyback. We believe the shares are currently undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. given the bright future of the Company." For more information please contact CEO Andrea Cortellazzi at (647) 886-2703 or visit www.cort-dev.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission. |
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