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Posted On: 11/06/2017 6:22:53 PM
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NetworkNewsBreaks – Cache Elite, Inc. (ILUS) Reduces Authorized Share Count
Cache Elite (OTC: ILUS), a technology and service provider, this morning said it is decreasing its authorized share count to an even 500,000,000 shares. The company anticipates this move will demonstrate its goal of increasing company revenues and protecting shareholder value. "We currently have 550,000,000 shares authorized with over 360,000,000 shares currently restricted and 29,357,831 in the float. With an already solid share structure, we believe this move will show our mission in increasing company revenues and, thus protecting shareholder value. We expect to have this finalized by the end of current quarter,” Cache Elite chief executive officer Derrick McWilliams stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Cache Elite (OTC: ILUS), a technology and service provider, this morning said it is decreasing its authorized share count to an even 500,000,000 shares. The company anticipates this move will demonstrate its goal of increasing company revenues and protecting shareholder value. "We currently have 550,000,000 shares authorized with over 360,000,000 shares currently restricted and 29,357,831 in the float. With an already solid share structure, we believe this move will show our mission in increasing company revenues and, thus protecting shareholder value. We expect to have this finalized by the end of current quarter,” Cache Elite chief executive officer Derrick McWilliams stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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