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Posted On: 11/15/2022 12:38:17 PM
Post# of 99125
$TRFE TRUSTFEED CORP. (OTC:TRFE) ANNOUNCES REDUCTION OF AUTHORIZED SHARES
https://www.prnewswire.com/news-releases/trus...78400.html
NEW YORK, Nov. 15, 2022 /PRNewswire/ -- Trustfeed Corp. (OTC:TRFE) is happy to inform shareholders that the company has reduced the current Authorized Share count. The transfer agent updated the number on Trustfeed OTCmarket profile today.
The number of authorized shares was 1 billion and is today reduced to 295 million.
Trustfeed Corp understands the value of reducing authorized share counts to increase shareholder value and to make the company more attractive for long term viability.
Mr. Refer, CEO, went on to say, "The company does not need to issue many shares. Therefore, this reduction.". He continues:" Market trust is not easily built, but can be easily broken, we have plans for long term growth, and to bring shareholder value. We believe this is just one of many steps in our endeavor moving forward."
This Authorized Share Reduction is a big move towards showcasing the company's commitment to increased shareholder value and transparency. Trustfeed is excited to bring the Authorized Share structure down to a level that the company feels is more attractive to investors. The company will continue to update shareholders via news and filings.
Trustfeed Corp. majority shareholder is Fastbase Inc (OTC:FBSE)
https://www.prnewswire.com/news-releases/trus...78400.html
NEW YORK, Nov. 15, 2022 /PRNewswire/ -- Trustfeed Corp. (OTC:TRFE) is happy to inform shareholders that the company has reduced the current Authorized Share count. The transfer agent updated the number on Trustfeed OTCmarket profile today.
The number of authorized shares was 1 billion and is today reduced to 295 million.
Trustfeed Corp understands the value of reducing authorized share counts to increase shareholder value and to make the company more attractive for long term viability.
Mr. Refer, CEO, went on to say, "The company does not need to issue many shares. Therefore, this reduction.". He continues:" Market trust is not easily built, but can be easily broken, we have plans for long term growth, and to bring shareholder value. We believe this is just one of many steps in our endeavor moving forward."
This Authorized Share Reduction is a big move towards showcasing the company's commitment to increased shareholder value and transparency. Trustfeed is excited to bring the Authorized Share structure down to a level that the company feels is more attractive to investors. The company will continue to update shareholders via news and filings.
Trustfeed Corp. majority shareholder is Fastbase Inc (OTC:FBSE)
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