Budget Waste, Inc. (PINKSHEETS: BDGW) today announced that at the board of directors meeting on February 9, 2007, the board approved a stock split of two common shares for every one common share outstanding as of the record date, February 18, 2007. The stock split will be effective on March 9, 2007.
The board believes that with BWI’s demonstrated past performance, an exceedingly successful expansion history and the positive economic climate in which they are operating, the stock split will provide shareholders with added value and encourage the investment community to continue to show confidence in BWI’s growth through increased market activity.
Jim Can, BWI’s President and CEO, states, “We are extremely pleased to be able to share our success with our shareholders; we feel that our shareholders have shown great confidence in us and we have come through for them with significant gains in their stock value. We will continue vigilantly to increase their investment value in the future by following our proven strategy.”
