Infrastructure Developments Quoted on the OTCBB
Jul. 1, 2010 (Business Wire) -- Infrastructure Developments Corp. (OTCBB: IDVCD) announced today that it has been accepted for quotation on the OTC Bulletin Board. Infrastructure was approved for quotation effective June 30, 2010, under the trading symbol “IDVCD.” The stock’s trading symbol will revert back to “IDVC” on the expiration of 20 business days from June 11, 2010, due to a forward split of Infrastructure’s common stock.
“We believe that being quoted on the OTC Bulletin Board will augment our corporate profile and broaden our shareholder base,” stated Infrastructure CEO Thomas R. Morgan. “The forward split of our common shares in combination with an OTCBB quotation should encourage liquidity in our stock, which we expect to be attractive to private and institutional investors as we press forward to expand operations.”
About OTC Bulletin Board:
The OTC Bulletin Board is a quotation medium for subscribing broker dealers. OTC Bulletin Board securities are traded by a community of market makers that enter quotes and trade reports through a highly sophisticated, closed computer network. Additional information on the OTC Bulletin Board can be found at www.otcbb.com.
About Infrastructure Developments Corp.:
Infrastructure is an engineering and construction services company that services an underserved niche in the global project management spectrum, targeting specialized projects and subcontracts that are too small to attract giant multinational firms, but which still require world class engineering expertise. Staffed by key personnel with decades of experience in performing work for the US Department of Defense and the US Department of State, Infrastructure is familiar with the complex requirements of government contracts and the unusual challenges of performing high-standard work in challenging environments. The public can learn more about Infrastructure and its projects on the corporation’s new website at www.idvcinc.com
Forward-Looking Statements: