Sports Venues of Florida, Inc. (OTC Pink: BTHRD) (PINKSHEETS: BTHRD) announced today that it has changed its name to Sports Venues of Florida, Inc. (formerly Big Three Restaurants, Inc.) and completed its reverse stock split of 1 share for 5,000 shares. The changes to the business are reflected on the market systems as of today, May 19, 2014. The stock symbol will change to BTHRD for 20 days then it will revert back to BTHR. We also amended our Articles of Incorporation to authorized 10,000,000 shares of preferred stock, the series, preferences, limitations and relative rights of which may be determined from time to time by the Board of Directors and to effect a share combination (reverse stock split) with the result that our 7,500,000,000 outstanding shares of common stock are reduced to 1,500,000 shares of common stock.
ABOUT THE COMPANY
The Company is a developmental stage enterprise. Our board of directors has approved a change in our business to the ownership, development and operation of venues for youth and adult team sports, sponsoring such teams and providing training programs for such team sports, as well as all activities related thereto.
SAFE HARBOR AND INFORMATIONAL STATEMENT
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact, regarding the intent, belief or current expectations of the Company and its management with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the Company's reports filed with the SEC. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements
For more information contact -
John V. Whitman Jr.
Chief Executive Officer
http://www.otcmarkets.com/ Enter BTHRD in the quote box
http://www.sec.gov/ Search EDGAR Archives for Sports Venues of Florida, Inc.
SOURCE: Sports Venues of Florida, Inc.