MONTGOMERY, TX, June 28 /PRNewswire-FirstCall/ - Global Security Agency Inc. (GSAG.OB) is pleased to announce that its common stock became eligible for quotation on the OTC Bulletin Board and Pink OTC Markets under the name Global Security Agency Inc. and the trading symbol "GSAG" effective the open of business this morning. The company's former name, Belvedere Resources Corporation, and trading symbol, "BELV", are no longer valid.
In addition, the consolidation of the company's common stock on a 1:10 basis also became effective in the market at the open of business this morning, decreasing the number of outstanding shares from 66,006,450 shares to 6,600,645 shares. It subsequently completed the sale of 39,000,000 shares of common stock at a price of $0.0001 per share for gross proceeds of $3,900 to its directors, officers and certain investors. These shares were originally intended to be issued on May 18, 2010 upon the effectiveness of the 1:10 consolidation, but could not be issued until today. The company now has a total of 45,600,645 outstanding shares of common stock.
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipates", "believes", "estimates", "expects", "intends" and similar expressions, as they relate to Global Security Agency Inc. or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of various factors. Global Security Agency Inc. does not undertake any obligation to update such forward-looking statements Investors are cautioned to consider all other risks and uncertainties affecting the company, including those in its filings made with the SEC.
About Global Security Agency Inc.
Global Security Agency Inc. is a security solutions and risk management services company that offers a wide range of security and risk management services for individuals, corporations and other entities. Its services include assessments, training, crisis management, protection, support and intelligence. The company currently operates its business in the State of Texas and in Amman, Jordan through a network of consultants.
SOURCE Global Security Agency Inc.