FIMA Breaking 0.01 on share retirement news: FI
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Posted On: 02/13/2015 10:07:04 AM
FIMA Breaking 0.01 on share retirement news:
FIMA Announces Initial Share Retirement Plan of 280 Million Shares
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HOUSTON, TX / ACCESSWIRE / February 13, 2015 / Terry Williams, CEO of Fima, Inc., a Nevada Corporation, (OTC Pink: FIMA) announced today the retirement of 280 million shares of common stock on Feb. 13, 2015, CEO Terry Williams plans to retire additional shares, considering a vast majority of the issued is a restricted control block of common stock. This anticipated retirement to treasury will substantially increase shareholder equity. CEO Williams stated, "I've seen many companies do a reverse split to reduce the number of shares issued. In most cases this never works out for the shareholders. At Fima, we feel by retiring these shares our shareholders gain equity without decreasing the number of shares they are presently holding." Mr. Williams went on to say, "Our shareholders are our first priority. These are very exciting times for Fima Inc. and I want to assure the public that the company and our shareholders are in the best possible position moving."
FIMA Announces Initial Share Retirement Plan of 280 Million Shares
Alert
HOUSTON, TX / ACCESSWIRE / February 13, 2015 / Terry Williams, CEO of Fima, Inc., a Nevada Corporation, (OTC Pink: FIMA) announced today the retirement of 280 million shares of common stock on Feb. 13, 2015, CEO Terry Williams plans to retire additional shares, considering a vast majority of the issued is a restricted control block of common stock. This anticipated retirement to treasury will substantially increase shareholder equity. CEO Williams stated, "I've seen many companies do a reverse split to reduce the number of shares issued. In most cases this never works out for the shareholders. At Fima, we feel by retiring these shares our shareholders gain equity without decreasing the number of shares they are presently holding." Mr. Williams went on to say, "Our shareholders are our first priority. These are very exciting times for Fima Inc. and I want to assure the public that the company and our shareholders are in the best possible position moving."
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