SolarBrook Water and Power Corporation Announces Reverse Stock Split and New Trading Symbol

SolarBrook Water and Power Corporation, a developer, manufacturer and marketer of water quality and clean power products, has effected a reverse split of the Company’s issued and outstanding common stock on the basis of one share for each 50,000 shares. In addition to the reverse of the issued and outstanding common stock, the Company has also reduced the number of shares of the Company that are authorized to 100,000,000.

With the reverse stock split effected, the Company currently has 17,800 shares issued and outstanding. Any fractional shares that result from the split will be rounded-up to the nearest whole number.

The reverse stock split was authorized by majority written consent of shareholders on October 30, 2008. An amendment to the company’s Articles of Incorporation providing notice of the changes has been filed with the State of North Carolina, Department of the Secretary of State, Corporations Division.

“The restructure of the Company’s authorized, issued and outstanding was absolutely necessary for SolarBrook to remain viable as a public company, as well as to move forward to capture the tremendous opportunities that have been presented to our water quality and clean power products,” commented George Moore, CEO of SolarBrook. “Taking this action will provide the opportunity for the Company to deal with its outstanding debts, debentures and other defaulted liabilities, which are currently inhibiting the growth of operations and revenues.”

“We now expect to be able to move the Company forward and begin addressing the backlog of orders and agreements that are projected to drive revenues and build value in the coming fiscal quarters,” Mr. Moore added.