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The Company will commence trading on March 9 under the new symbol HRNF. The Company said it has also changed its CUSIP number to 422463-109.
The Company's Board of Directors approved a reverse split of 300 shares of common stock into one share of the new common stock. The Company has undertaken a capital restructuring due to key events Heathrow Natural Food & Beverage has undertaken recently such as the acquisition of Heathrow Enterprises LLC, a national distributor of natural food products such as Exfuze, a very popular nutritional beverage. The Company generates revenues through online and call center sales. Its flagship product Exfuze is a natural beverage that was created to improve nutrition by combining seven of nature's most powerful fruits and botanicals. Heathrow Natural Food & Beverage, Inc. also plans to market natural nutritional products, which include botanical chewing gum, dry grain bars, cereal, and natural snack food. For more information, please visit www.incredibledrink.com.
"We are very confident that this restructuring will help us enhance our financial standing and put us into a position where we can grow our business in the $100 Billion wellness industry. The coming year will be a period of vast growth for Heathrow Natural Food & Beverage (HNFB) where we will add to our diversified portfolio of products," stated Michael Pagnano, CEO of Heathrow Natural Food & Beverage, Inc. WGL Entertainment, the producer of the WGL Million Dollar Shootout reality television series, will remain a wholly owned subsidiary HNFB. Also, the reverse split will not affect those shareholders who participated in the preferred share exchange. The preferred shares can be exchanged for common shares in HRNF as per the exchange agreement on 8/15/09.
Heathrow Natural Food & Beverage, Inc., is a national distributor of natural food products such as Exfuze, a nutritional beverage. HNFB is based in Florida and generates revenue through online and call center sales. HNFB also owns WGL Entertainment, the producer of the WGL Million Dollar Shootout reality television series.
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