Feb 24, 2012

OTC Disclosure & News Service

Pheonix, AZ –

For Immediate Release

 

Carbon Credits International, Inc. Announces Impending Cancellation of 30,008,000 Shares of Common Stock Outstanding

Phoenix, Arizona, February 22, 2012 –Carbon Credits International, Inc.: OTCPK: CARN announces that it anticipates the effectiveness, within a few days, of the cancellation of 30,008,000 shares of its common stock and the issuance of 6,321,830 shares of its common stock pursuant to the Merger Agreement with Lifestyle Wireless, Inc.  As a result of the finalization of the transaction the total number of shares of common stock outstanding will be 10,461,737.

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About the Company

 

Headquartered in Phoenix, AZ, we are a state of the art mobile technology company and full service mobile marketing agency. We operate a best-in-class mobile commerce and communication platform specifically designed to serve the needs of the non-profit community. We make any campaign instantly interactive via the mobile phone. This functionality allows our clients to conduct business transactions, accept donations and engage in targeted communication campaigns with their customers/donors through mobile devices.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this release.

Contact:

 

Greg Lambrecht
602-481-1544
gregl@textaday.com

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.