The Allied Defense Group Announces Filing of Certificate of Dissolution
BALTO, Md., August 31, 2011 — The Allied Defense Group, Inc. (OTCQB: ADGI.PK), announced that it has filed a Certificate of Dissolution with the State of Delaware. This action is pursuant to the Plan of Complete Liquidation and Dissolution approved by its stockholders on September 30, 2010 and is consistent with Allied's SEC filings and periodic stockholder letters.
Further consistent with the Plan of Complete Liquidation and Dissolution and prior announcements, Allied has instructed its stock transfer agent to cease recording transfers of its common stock as of the close of business today.
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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding The Allied Defense Group, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.