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Vanity Events Holdings Completes Restructuring and Reverse Split
Posted February 21, 2012
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Recent Actions Pave Way for Company to Launch Growth Plans
BAY HARBOR ISLANDS, FL -- Vanity Events Holdings, Inc. (OTCBB: VAEV) today announced it has recently completed a series transactions to restructure the Company's operations and capitalization, including, but not limited to, the rescission of its agreement with Shogun Energy and the consummation of a 300 for 1 reverse stock split of the Company's common stock. Lloyd Lapidus, interim CEO of Vanity said he and CFO Greg Pippo have ambitious growth plans for Vanity.
"Greg and I plan on leveraging all of our past experience and successes to build a company which we believe will greatly benefit the Company's shareholders," said Lapidus. "In the weeks ahead we will be announcing a series of updates that will outline our new business strategy."
"We appreciate the patience of our loyal shareholders during the past several months," said Greg Pippo, the CFO of Vanity. "Now that we have the proper corporate structure and plans in place, we believe we are finally in a position to implement our business plan accordingly."
About Vanity Events Holdings, Inc.
Vanity Events Holdings, Inc. is a holding company with expanding lines of business. The company's mission is to acquire and develop diverse businesses with innovative products or services while maintaining synergistic partnerships and relationships. For additional information go to www.vanityeventsholdinginc.com
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