BRADENTON, Fla., July 9, 2007 (PRIME NEWSWIRE) -- Kesselring Holding Corporation (OTCBB:KSSH) today announced that the company's Board of Directors and shareholders have approved a 19.5 for 1 forward split of the Company's common stock.
The forward stock split was implemented on June 29, 2007. Stockholders will be entitled to 19.5 shares of common stock for each share of common stock held on that date.
"This forward stock split is intended to lay the groundwork for the anticipated growth of the company," stated Kesselring CEO, Ken Craig. "It is also part of our ongoing effort to broaden ownership and increase awareness of our company."
About Kesselring
Since 1976, Kesselring has grown from a local restoration provider into a Family of Companies in construction, restoration, aluminum products, cabinetry, woodworking, and door and hardware materials. With offices in Florida and Washington State, the companies provide skilled experience, customized project management and a reputation for integrity. For more information about Kesselring Holding Corporation or any of its subsidiaries, please visit www.KesselringCorp.com on the Web or call 941-371-0440.
The Kesselring Corporation logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3775
SAFE HARBOR STATEMENT
Certain information included in this press release and Company filings (collectively, SEC Filings) under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended (as well as information communicated orally or in writing between the dates of such SEC filings) contains or may contain forward looking information that is subject to certain risks, trends and uncertainties concerning the Company's ability to raise capital, national and local economic conditions, including conditions in the restoration, construction and building products industries, changes in interest rates, the impact of severe weather on the Company's restoration and construction operations, the effect of governmental regulation on the Company and other factors described from time to time in our filings with the Securities and Exchange Commission.