In a re-direct to focus its business on female-oriented products, Los Angeles-based True 2 Beauty, Inc. (Pink Sheets:TRTB) has sold its Libigrow brand for a net purchase price of $425,000. The buyer is a privately-held company owned by prior management of True 2 Beauty. Read More

Early this morning, True 2 Beauty, Inc. (Pink Sheets:TRTB) announced a 1 for 100 reverse stock split of its common stock.  The split’s effective date is November 1, 2011.  The Company cites the reason for the split as to “eliminate a restrictively low price of pennies per share which prevented many investors from purchasing its shares through broker-dealers.”

The split will take the number of issued and outstanding shares of TRTB from 248,017,937 to 2,480,179.  The number of authorized shares will drop from 500 million to 200 million.

True 2 Beauty (TRTB) Stock Quote and News:

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