Tuesday, December 18, 2012
SDIR - News
(OTCQB: SDIR) today announced that it has completed the cancellation of 90,011,484 restricted common stock shares held by the company's management team and as a result the canceled shares have been returned back into the company's treasury.
To continue, this action has reduced the company's issued and outstanding from 891,202,810 to 801,191,326 which represents a 10.1% reduction to the current issued and outstanding. Luke Lalonde, the company's President & CEO was quoted as saying, "we are continuing to take all the necessary steps needed to create shareholder value for our shareholders."
About Super Directories, Inc:
The company Super Directories, Inc. is currently a fully reporting issuer that maintains complete corporate filings and also trades on the OTCQB Markets under the symbol "SDIR." SuperDirectories.com is the largest 'Human-edited' directory on the internet. The database is structured with 'Full-Text' searchable categories, cross-re & links to selected websites. There are over 68,400 photos and 992,000 banners on its pages. The website now has regular visitors from over 173 countries and growing daily. SuperDirectories.com is a US Registered Service Mark (No. 2,425,941).
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