Published: November 17, 2009
ONE Holdings Announces Filing for NASDAQ Listing and Name Change
ONE Also Launches New Site: www.onehcorp.com
ONE Bio Corp. (formerly ONE Holdings, Corp.)
("ONE" or the "Company") (OTCBB: ONBI), an innovative company utilizing
green process manufacturing to produce raw chemicals and herbal extracts,
natural and health supplements and organic products, announced it has filed
an application to list its common stock on the NASDAQ Capital Market and
that effective immediately it has changed its name to ONE Bio Corp. and
will begin trading immediately under the new symbol ONBI.
The Company believes it currently fulfills or will shortly meet all
applicable NASDAQ listing requirements. The Company's shareholders recently
approved a 5 to 1 reverse stock split of the Company's common stock, which
will assist ONE in meeting the minimum stock price requirement required by
NASDAQ for listing. The Company's listing application is subject to review
and approval by NASDAQ's Listing Qualifications Department for compliance
with all NASDAQ Capital Market standards.
The Company also announced it has changed its name from ONE Holdings, Corp.
to ONE Bio Corp. Simultaneously with the name change, the Company also
launched its newly redesigned website. Investors may visit the Company's
website at www.onehcorp.com.
"The proposed move to the NASDAQ Capital Market, subject to approval by
NASDAQ, is an important step in establishing ONE Bio as an internationally
recognized green process manufacturer. A NASDAQ listing should allow our
Company to gain exposure and be recognized by a broader segment of the
investment community," stated the company's CEO Marius Silvasan. "Our
corporate name change reinforces our commitment to develop the ONE Bio
brand as an innovative leader in bioengineering."
ONE Bio's common stock will continue to trade on the OTCBB under the new
symbol, ONBI.
About ONE Bio Corp.
ONE Bio Corp. ("ONE") (OTCBB: ONBI) (www.onehcorp.com), headquartered in
Miami, FL, is an innovative company utilizing green process manufacturing
to produce raw chemicals and herbal extracts, natural supplements and
organic products. ONE is focused on the Asia Pacific region. Key products
include widely recognized Solanesol, CoQ10, Resveratrol and 5-HTP, organic
fertilizers, and organic bamboo health food and beverages. ONE's growth
plan targets an aggressive acquisition driven strategy supported by strong
organic growth. Through ONE, small private companies gain access to
capital, experienced management and strategic insight. ONE builds strong
synergies amongst all subsidiaries to enhance shareholder value. ONE is
working with each subsidiary to promote organic and acquisition driven
growth.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be any sale
of any securities in any state in which such offer, solicitation, or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state.
This press release includes statements that constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform
Act of 1995 (the "Reform Act"). ONE Bio Corp. claims the protection of the
safe-harbor for forward-looking statements contained in the Reform Act.
These forward-looking statements are often characterized by the terms
"may," "believes," "projects," "expects," or "anticipates," and do not
reflect historical facts. Specific forward-looking statements contained in
this press release include, but are not limited to: our successful
integration of diversified growth companies, impact of the company's
expansion plan, and new business development success, future financial
results, development and acquisition of new product lines and services, the
impact of competitive products or pricing from technological changes, the
effect of economic conditions and other uncertainties. The forward-looking
statements contained herein involve risks and uncertainties that could
cause actual results to differ materially from the expectations contained
in any such forward-looking statements. These risks include, but are not
limited to: failure to manage operating expenses or integrate new companies
and/or technologies, each of which could have a material impact on our
business, our financial results, and the company's stock price. These risks
and other factors are detailed in the Company's regular filings with the
U.S. Securities and Exchange Commission. Most of these factors are
difficult to predict accurately and are generally beyond the Company's
control. Forward-looking statements speak only as to the date they are made
and ONE Bio Corp. does not undertake to update forward-looking statements
to reflect circumstances or events that occur after the date the
forward-looking statements are made.
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