BSEM News Alert Biostem Technologies Inc. (BSEM) 0.0058 01/09/2015
Post# of 64074
BioStem Technologies (BSEM) Announces Retirement of 128,979,751 Shares of Common Stock and the Issuance of Amended Series B-1
ACCESSWIRE - Thu Jan 08, 7:01AM CST
Oakland Park, FL / ACCESSWIRE / January 8, 2015 / Biostem Technologies, Inc. (BSEM), announces that it has officially retired 128,979,751 shares of common stock. Furthermore, the company has amended its Series B-1 shares. The retiring of the 128,979,751 common shares to treasury reduced the total outstanding common shares by roughly 25%. We believe that by retiring the shares, the company will be better structured to move forward with it's plans and goals.