PDX Partners, Inc. ("PDXP") (OTC: PDXP) a Telecom company, announces that the board has recently voted to amend the company’s Articles of Incorporation with the State of Wyoming to reflect another substantial reduction of authorized shares In the amount of 2,290,000,000 shares to 750,000,000. Said CEO Patrick Johnson: “We have decided to further decrease the number of shares authorized as we believe a lower number of authorized shares and issued and outstanding will allow us to sustain a good stock price while building a solid market cap for the company in the long term.  As our share price stabilizes we will seek to make additional reductions to even further enhance Net Stock Holder Equity”, Said Johnson.
 
About PDX Partners
PDX Partners, Inc. (OTC PINK : PDXP ) is a Telecom company dedicated to creating revenue and shareholder value by marketing Telecom products and acquiring other long term growth assets. The company was founded in 1997.
 
For more information go to: www.pdxpartners.net
 
Safe Harbor Statement
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.


For more information please contact:
PDX Partners, Inc.
Patrick J. Johnson
Chief Executive Officer
(971) 258-8003
patrick@pdxpartners.net
 
 
 

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