IRVINE, CA–(Marketwire – January 18, 2013) - Bazi International, Inc. (OTCQB: BAZI), a healthy beverage provider with major entertainment and media company licensing agreements for use of their characters on its proprietary, patented bottles, and its operating subsidiary True Drinks, Inc. today announced that the Company’s official name will change to True Drinks Holdings, Inc. on Tuesday, January 22, 2013. Also on this date, the Company will effectuate a reverse stock split on the Company’s common stock at a ratio of 100 for 1. The Company’s stock ticker symbol will be changed to “BAZID” for a period of twenty trading days commencing Tuesday, January 22, 2013. The stock ticker symbol will then revert to “BAZI” for ten days after which the Company’s common stock will trade under the Company’s new symbol “TRUU.”
Corporate Stock Transfer, Inc. of Denver, CO, the Company’s transfer agent, is acting as the exchange agent for the reverse stock split. Stockholders will receive forms and notices to exchange their existing shares for the new shares from the exchange agent, or from their bank, broker or other nominee holder. Stockholders who hold stock certificates evidencing their shares of the Company’s common stock are advised that they should not send in their stock certificates until they receive a letter of transmittal, which will contain detailed instructions for exchanging their existing stock certificates from Corporate Stock Transfer, Inc.
About Bazi International, Inc.
Bazi International, Inc., through its operating subsidiary True Drinks, Inc., is a beverage company with licensing agreements with major entertainment and media companies for use of their characters on its proprietary, patented bottles. AquaBall™, the company’s naturally-flavored, vitamin-enhanced water drink that was created as a low-calorie, low-sugar alternative to juice and soda for kids, is currently being sold into mass-market retailers throughout the United States. For more information, please visit www.theaquaball.com andwww.truedrinks.com.
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