HOUSTON, TX--(Marketwire - April 20, 2010) - Bederra Corporation (PINKSHEETS: BEDA) management has issued an update to its share structure.
Authorized Shares - The Company has reduced its Authorized Shares from 5 Billion to 1.9 Billion
Issued and Outstanding Shares 1,378,759,000 Float 404,827,453
Preferred Shares - The Company has eliminated its Preferred Shares thus canceling any convertible shares that had been previously reported in its financials.
Insider’s stock has been given 3:1 voting rights on their shares of common stock thus giving these stockholders a majority vote.
The current float, as the company continues its share buyback, does not include any repurchased shares not yet returned to the Transfer Agent.
Currently, the company believes its price per share is extremely undervalued based on its new share structure and the massive upside potential for growth through continued acquisitions and Joint Ventures. The company is working diligently to create shareholder value, increase transparency by taking the necessary steps to obtain Pinksheet Current Status and continuing to seek acquisitions and Joint Ventures.
The company will continue to update shareholders on its share structure at pinksheets.com.
About Bederra Corp.
http://www.bederra.com
Bederra Corporation provides multiple modality diagnostic medical services to the greater Houston area and the world famous Texas Medical Center. The Company’s business strategy is to continue to expand its current operations and seek out additional acquisitions that will complement its core offerings.
Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company’s expectations with regard to the future impact on the company’s results from new products and services in development, including any planned acquisitions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements might not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company’s plans or expectations.
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