|By Marketwired .||
|October 7, 2013 05:13 PM EDT||
SCOTTSDALE, ARIZONA -- (Marketwired) -- 10/07/13 -- Certive Solutions Inc. (formerly VisualVault Corporation) (the "Company" or "Certive") (CNSX:CBP) announces that further to its news release on October 2, 2013, the Company will be implementing the approved share consolidation to Certive shareholders of record on October 7, 2013 (the "Record Date"). Shareholders of Certive will receive one share for every two shares held as of the Record Date. A letter of transmittal will be sent by mail to shareholders advising that the share consolidation has taken effect and instructing shareholders to surrender the certificates evidencing their common shares for replacement certificates representing the number of common shares to which they are entitled as a result of the consolidation. Until surrendered, each certificate will be deemed for all purposes to represent the number of common shares to which the holder thereof is entitled as a result of the consolidation.
Further details regarding the share consolidation are contained in the Company's Information Circular dated November 13, 2012 which has been filed under the Company's profile on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD OF DIRECTORS OF VISUALVAULT CORPORATION
Van Potter, President, CEO, Director
About VisualVault Corporation - Corporate Name Change Pending
VisualVault Corporation (Scottsdale, Arizona,) provides business process and secure document management cloud services used to automate critical business processes where security and integrity of unstructured data is needed and compliance requirements are high. The service is unique in its ability to meet the most compelling and underserved needs of a wide range of vertical markets including health care, securities regulation, manufacturing and government. At the date of this press release there is no direct or indirect affiliation financially or corporately between VisualVault Corporation and Auersoft LLC, owner of the VisualVault trademarks and logos.
The forward-looking information contained in this press release is made as of the date of this press release and except as required by applicable law, the company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires the company to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information. Neither the Canadian National Stock Exchange nor its regulation services provider (as that term is defined in the policies of the Canadian National Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.