DirectView Reincorporates in Delaware and Completes 1-for-250 Reverse Stock Split.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- DIRECTVIEW, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : DRVW) announced today that it has reincorporated in Delaware. The reincorporation was effected by merging DirectView, Inc., a Nevada corporation, into its subsidiary, GS Carbon Corporation, which is a Delaware corporation. The surviving corporation is named "GS Carbon Corporation." The Merger Agreement provided that each 250 shares of common stock of DirectView, Inc. will be converted into one share of common stock of GS Carbon Corporation, resulting in a 1-for-250 reverse split of DirectVieweIUs outstanding common stock. Fractional shares resulting from the exchange will be rounded up to a whole share. The common stock of GS Carbon Corporation will commence trading on a post-reverse split basis on Friday, December 8, 2006, under the trading symbol Trading symbol See: Ticker symbol "GSCR GSCR Generic Switching Center Requirements GSCR Graphite Sub-Critical Reactor ." About GS Carbon GS Carbon Corporation is a development stage company that was founded to facilitate decarbonization de·car·bon·ize tr.v. de·car·bon·ized, de·car·bon·iz·ing, de·car·bon·iz·es To remove carbon from; decarburize. de·car in ways that cost-effectively capitalize on the evolving carbon markets. GS CarboneIUs ambition is to affect reductions in the carbon intensity of energy consumption by investing in carbon trading, developing and commercializing advanced new decarbonization technologies, and by developing and owning renewable energy production assets. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Those statements include statements regarding the intent, belief or current expectations of GS Carbon Corporation (f/k/a DirectView, Inc.), and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. |
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