DRAPER, Utah, April 9, 2012 /PRNewswire/ -- Global Investor Services, Inc. (OTCBB &OTCQB:GISV) ("Global") has changed its name to Investview, Inc. to better reflect the nature of its core business. In addition, Global has affected a reverse stock split of its outstanding and authorized shares of common stock at a ratio of 1 for 200 as part of its effort to improve its capitalization structure.
The Reverse Stock Split will be implemented by FINRA on April 9, 2012. Our symbol on the OTCQB will be GISVD for 20 business days from April 9, 2012. Our symbol will then be changed to reflect our new name.
"We are pleased to announce these significant changes as we continue to make solid progress in positioning the Company for growth and, concurrently, improving the capitalization structure of the Company and enabling all firms to clear and inventory our stock. In addition we have created broad-based interest among several financial institutions for our products and services and believe the name of Investview, Inc., which is the name of our core investor education products, better reflects the nature of our business," said Dr. Joseph J. Louro, CEO/Chairman of Investview, Inc.
About Investview, Inc:
Investview, Inc. (Formerly known as Global Investor Services, Inc.) provides and delivers a comprehensive online program of investor education, offers proprietary investor search tools and trading indicators, distributes weekly newsletters and offers access to live weekly Trading Rooms through the company's InvestView division. www.investview.com. The Corporate website's address will be changed in the near future, but for the present refer to www.gisvonline.com.
For more information, please contact:
Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
SOURCE Global Investor Services, Inc.