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Calgary, Alberta –
Innovations Inc. (f/k/a Genesys Industries, Inc.) (OTC Pink: GEIND) (the
“Company”) is pleased to announce that as of the open of the market today,
FINRA has made effective the Company’s previously announced name change to
Forza Innovations Inc. and a 10 for 1 Forward Split of the Company’s common
stock. The Company’s ticker symbol will be GEIND for 20 business
days. After 20 business days, the Company’s ticker symbol will
change to FORZ.
Johnny Forzani, the Company’s
President and CEO, commented, “We are glad that the name change and forward
split are finally effective. We worked tirelessly with our
professionals to bring the Company’s financials current and now we can focus
our attention on growing our business and our product lines.” In
regards to the Forward Split, Mr. Forzani said, “We believe the stock split
demonstrates the Company’s continued commitment to broaden its shareholder base
and we anticipate that the stock split will make our common stock more
accessible to investors and enhance liquidity for shareholders.”
About Forza Innovations Inc.
The Company is in the
health-tech wearable performance business. The Company has acquired
all of the ownership and the rights to certain late, developmental stage,
WarmUp products. WarmUp are cutting edge, innovative, wearable, back
compression devices. The therapeutic application of heat causes a
change in temperature of the soft tissues which decreases joint stiffness and
relieves inflammation.
Please refer to the Company’s
website www.forzainnovates.com.
For further information please
contact the Company at: info@forzainnovates.com
On behalf of the Board,
Forza Innovations Inc.
Johnny Forzani, President &
Chief Executive Officer
Forward-Looking Statements
Some of the statements
contained in this press release constitute forward-looking
statements. Forward-looking statements relate to expectations,
beliefs, projections, future plans and strategies, anticipated events or
trends, and similar expressions concerning matters that are not historical
facts, such as statements regarding the closing of the exchange agreements and
expected reduction in our total outstanding debt and annual interest
payments. In many cases, you can identify forward-looking statements
by terms such as “may,” “will,” “should,”
“expects,” “plans,” “anticipates,”
“believes,” “estimates,” “predicts,”
“outlook,” “potential” or the negative of these terms or
other comparable terminology. The forward-looking statements
contained in this press release reflect our current views about future events
and are subject to risks, uncertainties, assumptions, and changes in
circumstances that may cause events or our actual activities or results to
differ significantly from those expressed in any forward-looking
statement. Although we believe that the expectations reflected in
the forward-looking statements are reasonable, we cannot guarantee future
events, results, actions, activity levels, performance, or
achievements. Readers are cautioned not to place undue reliance on
these forward-looking statements. We discuss many of these risks in
greater detail under the heading “Risk Factors” in the quarterly and
annual reports filed with the Securities and Exchange Commission
(SEC). The forward-looking statements contained in this press
release reflect our views and assumptions only as of the date of this press
release. We undertake no obligation to update any forward-looking
statement to reflect events or circumstances after the date on which the
statement is made or to reflect the occurrence of unanticipated events.
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