BWI Holdings, Inc. (OTCBB: BWIH), operating as Budget Waste Inc. (the “Company”), today announced that at the board of directors meeting January 5, 2009 the board approved a forward stock split of five common shares for every one common share outstanding as of the record date January 20, 2009. The stock pay date is January 30, 2009.
The board believes that with BWI’s demonstrated past performance, an exceedingly successful expansion history and the new systems and business model 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.”