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Posted On: 11/28/2017 7:30:58 PM
Post# of 86
DALLAS, TX--(Marketwired - Nov 20, 2017) - Victura Construction Group, Inc. ("VICT" (OTC: VICT), a holding company focused on strategic acquisitions within the construction industry, announces that the board has recently voted to amend the company's Articles of Incorporation with the State of Wyoming to reflect a substantial reduction of authorized shares from an unlimited amount to 500,000,000 shares. The company has also reduced the Issued and Outstanding by 67% from 272,989,421 to 90,639,023 shares issued and outstanding, respectively.
Said CEO Patrick Johnson: "We have decided to decrease the number of shares authorized as we believe a lower number of authorized shares and issued and outstanding will allow us to sustain a good stock price, while building a solid market cap for the company in the long term. As our share price stabilizes we will seek to make additional reductions to even further enhance Net Stock Holder Equity ," said Johnson.
Read More: https://investorshangout.com/post/view?id=486...z4zmBHmIYq
Said CEO Patrick Johnson: "We have decided to decrease the number of shares authorized as we believe a lower number of authorized shares and issued and outstanding will allow us to sustain a good stock price, while building a solid market cap for the company in the long term. As our share price stabilizes we will seek to make additional reductions to even further enhance Net Stock Holder Equity ," said Johnson.
Read More: https://investorshangout.com/post/view?id=486...z4zmBHmIYq
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