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UA Multimedia Inc. (UAMM)
Company Website: http://uammedia.com/
Float 260,304,163
UA Multimedia Inc. Retires 40 Million Common Shares
IRVINE, CA -- (InvestorsHub NewsWire Jan 31, 2017) UA Multimedia, Inc. (OTC: UAMM), a technology and indoor growing solution provider , is pleased to announce that the Company is retiring 40 million shares of its Common stock.
The Company had successfully reached an agreement with a major shareholder to retire 40 million shares of aged restricted Common stock. The share cancellation represents an approximate ten percent reduction of the stock issued and outstanding.
In addition to working on the final stage with OTC Markets and other entities to achieve the Current listing status , the Company continues to look for ways to optimize its operation and capital structure in anticipating for rapid future growth.
Upon achieving the Current status , the Company will initiate the process for a name and ticker change to better reflect its new direction and to facilitate successful branding efforts.
The development of the indoor growth station prototype is progressing well. The Company expects to begin testing several models in a few weeks and swiftly proceed to the production shortly thereafter . In addition, the Company is working on a few other solutions for the cannabis sector and will update its shareholder in the near future.
We have been receiving increasing amount of interest for personal indoor grow systems since the beginning of this year, stated Thu Pham, Chief Executive Officer. We are confident that our cost effective, high quality solutions will be very well received and a solid revenue stream for the Company.
The Company will begin offering pre-sale units at a discount sometime next month. Interested customers should contact the Company at info@uammedia.com.
********** UAMM *********
"imminent updating of filings with OTC Markets to achieve the “Current” status. Finalization is expected by the end of January."
"the retirement of stock, in an effort to strengthen its capital foundation and enhance share value"
"Company’s overall strategy is expected to launch with significant momentum, generating considerable revenues short-term"
"introduction of a turn-key modular indoor growing station, system is expected to be available for purchase by the end of this quarter"
IRVINE, CA — (Marketwired – Jan 12, 2017)
UA Multimedia Inc. Releases Update to Shareholders as Strategized Corporate Advancement Continues
http://uammedia.com/
https://www.facebook.com/uammedia/
CannaMedi.com - an information portal that provides a wide range of information relating to the current development of the medical marijuana industry as well as information on health and treatments of illness using cannabinoid based remedies.
Cannaxa.com - a local directory service with social networking and user reviews for cannabis product and service providers.
http://cannaxa.com
http://cannamedi.com
https://www.facebook.com/pages/Cannamedi/390404061066694
UAMM SS
(No Changes to SS) still the Same as it was July 2, 2013
On July 1, 2013, the Company issued 66,000,000 shares of its common stock to one entity for consulting services.
There was no issuance of shares from July 2, 2013 to June 30, 2015.
A/S 1,000,000,000
O/S 405,649,947
Float 260,304,163
http://www.otcmarkets.com/stock/UAMM/profile
Insiders holding 140 mil non restricted shares of Float
RETIREMENT OF 40M SHARES COMIN,,,
Company Website: http://uammedia.com/
Float 260,304,163
UA Multimedia Inc. Retires 40 Million Common Shares
IRVINE, CA -- (InvestorsHub NewsWire Jan 31, 2017) UA Multimedia, Inc. (OTC: UAMM), a technology and indoor growing solution provider , is pleased to announce that the Company is retiring 40 million shares of its Common stock.
The Company had successfully reached an agreement with a major shareholder to retire 40 million shares of aged restricted Common stock. The share cancellation represents an approximate ten percent reduction of the stock issued and outstanding.
In addition to working on the final stage with OTC Markets and other entities to achieve the Current listing status , the Company continues to look for ways to optimize its operation and capital structure in anticipating for rapid future growth.
Upon achieving the Current status , the Company will initiate the process for a name and ticker change to better reflect its new direction and to facilitate successful branding efforts.
The development of the indoor growth station prototype is progressing well. The Company expects to begin testing several models in a few weeks and swiftly proceed to the production shortly thereafter . In addition, the Company is working on a few other solutions for the cannabis sector and will update its shareholder in the near future.
We have been receiving increasing amount of interest for personal indoor grow systems since the beginning of this year, stated Thu Pham, Chief Executive Officer. We are confident that our cost effective, high quality solutions will be very well received and a solid revenue stream for the Company.
The Company will begin offering pre-sale units at a discount sometime next month. Interested customers should contact the Company at info@uammedia.com.
********** UAMM *********
"imminent updating of filings with OTC Markets to achieve the “Current” status. Finalization is expected by the end of January."
"the retirement of stock, in an effort to strengthen its capital foundation and enhance share value"
"Company’s overall strategy is expected to launch with significant momentum, generating considerable revenues short-term"
"introduction of a turn-key modular indoor growing station, system is expected to be available for purchase by the end of this quarter"
IRVINE, CA — (Marketwired – Jan 12, 2017)
UA Multimedia Inc. Releases Update to Shareholders as Strategized Corporate Advancement Continues
http://uammedia.com/
https://www.facebook.com/uammedia/
CannaMedi.com - an information portal that provides a wide range of information relating to the current development of the medical marijuana industry as well as information on health and treatments of illness using cannabinoid based remedies.
Cannaxa.com - a local directory service with social networking and user reviews for cannabis product and service providers.
http://cannaxa.com
http://cannamedi.com
https://www.facebook.com/pages/Cannamedi/390404061066694
UAMM SS
(No Changes to SS) still the Same as it was July 2, 2013
On July 1, 2013, the Company issued 66,000,000 shares of its common stock to one entity for consulting services.
There was no issuance of shares from July 2, 2013 to June 30, 2015.
A/S 1,000,000,000
O/S 405,649,947
Float 260,304,163
http://www.otcmarkets.com/stock/UAMM/profile
Insiders holding 140 mil non restricted shares of Float
RETIREMENT OF 40M SHARES COMIN,,,
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