June 14, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Infrastructure Developments Corp. (OTCBB: IVCD) has authorized a six-for-one forward split of its common stock. The forward split was effective June 11, and IDVC has begun trading on a split-adjusted basis.

As a result of the forward split, shareholders will receive six shares of Infrastructure’s common stock for every one share owned. According to the company, the total market value of a shareholder's investment will not be affected by the split.

Infrastructure’s stock symbol for a period of 20 business days beginning on June 11 will be “IDVCD.” On July 9, Infrastructure’s stock symbol will revert to “IDVC.”

Virginia-based Infrastructure Developments provides engineering and construction services through its subsidiary Intelspec International. The company targets specialized projects and subcontracts that are too small to attract the attention of the big multinational firms but which still require advanced engineering expertise.

Infrastructure focuses primarily on small to mid-sized U.S. government contracts and subcontracts in the $1 million to $10 million range.

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