ESP Resources, Inc. Board of Directors Approves Reduction in the Company’s Authorized Common Stock from 1,200,000,000 Shares to 150,000,000 Shares
SCOTT, LOUISIANA–(Marketwire – March 16, 2010) – ESP Resources, Inc. (OTCBB:ESPI) (“ESP”) is pleased to announce that the Board of Directors has approved the preparation of a PRE 14A filing with the U.S. Securities and Exchange Commission (“SEC”) to reduce the amount of authorized common stock from 1,200,000,000 shares currently authorized to 150,000,000 shares. The officers of the corporation have notified the company’s SEC counsel to commence this process and instructed them to prepare the PRE 14A filing authorizing the reduction.
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