$FVRD: NEWS ~~~Favored, Inc. (OTC: FVRD) Provides Corporate Update After Extended Period of Reduced Communications
Oct 24, 2017
OTC Disclosure & News Service
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MIAMI BEACH, Fla., Oct. 24, 2017 (GLOBE NEWSWIRE) -- Favored, Inc. (OTC PINK:FVRD) provided its shareholders today with a corporate status update after an extended period of reduced communications.
Favored, Inc. has repositioned itself as a holding company with a focus on acquiring, developing, publishing, and marketing digital assets, some areas of focus include but are not limited to Ecommerce and blockchain technology. The assets may range from mobile applications like its wholly owned subsidiary Kryptos Communications, Inc. which provides encrypted communications over mobile devices to developing applications under Empire Mobile Studios, Inc. both to self publish and for third parties.
Favored, Inc. would like to take this opportunity to provide shareholders with an update as to the company’s current operational status and address corporate communications going forward.
In April 2016 the company underwent a merger and change of control at which point Craig Coaches became the sole officer and CEO of Favored, Inc. (FVRD) and its two wholly owned subsidiaries Empire Mobile Studios, Inc. and Kryptos Communications, Inc. Since that time the company has been diligently working behind the scenes and is now caught up on all old filings and has maintained Pink Current Status since the change in control occurred. The company is now headquartered at its office in Miami Beach, FL.
Favored, Inc. (FVRD) has established a Twitter channel, @FVRD, inc., as a means whereby to begin communicating with its shareholders and the investing public. The two subsidiaries also maintain twitter channels at @EmpireMobileStu and @Kryptos411. The company’s website is located at EmpireMobileStudios.com
About Favored, Inc.
Favored, Inc. is a publicly traded (OTC PINK:FVRD) diversified holding company, which seeks opportunities to acquire, develop, and grow businesses that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. Favored seeks to develop a diverse array of operating subsidiaries.
Forward-Looking Statements Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Website: http://www.empiremobilestudios.com/
Phone: 800-214-3109
Email: info@favoredinc.com
Primary Logo
Copyright © 2017 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
http://www.otcmarkets.com/stock/FVRD/news/Fav...03&b=y
Oct 24, 2017
OTC Disclosure & News Service
-
MIAMI BEACH, Fla., Oct. 24, 2017 (GLOBE NEWSWIRE) -- Favored, Inc. (OTC PINK:FVRD) provided its shareholders today with a corporate status update after an extended period of reduced communications.
Favored, Inc. has repositioned itself as a holding company with a focus on acquiring, developing, publishing, and marketing digital assets, some areas of focus include but are not limited to Ecommerce and blockchain technology. The assets may range from mobile applications like its wholly owned subsidiary Kryptos Communications, Inc. which provides encrypted communications over mobile devices to developing applications under Empire Mobile Studios, Inc. both to self publish and for third parties.
Favored, Inc. would like to take this opportunity to provide shareholders with an update as to the company’s current operational status and address corporate communications going forward.
In April 2016 the company underwent a merger and change of control at which point Craig Coaches became the sole officer and CEO of Favored, Inc. (FVRD) and its two wholly owned subsidiaries Empire Mobile Studios, Inc. and Kryptos Communications, Inc. Since that time the company has been diligently working behind the scenes and is now caught up on all old filings and has maintained Pink Current Status since the change in control occurred. The company is now headquartered at its office in Miami Beach, FL.
Favored, Inc. (FVRD) has established a Twitter channel, @FVRD, inc., as a means whereby to begin communicating with its shareholders and the investing public. The two subsidiaries also maintain twitter channels at @EmpireMobileStu and @Kryptos411. The company’s website is located at EmpireMobileStudios.com
About Favored, Inc.
Favored, Inc. is a publicly traded (OTC PINK:FVRD) diversified holding company, which seeks opportunities to acquire, develop, and grow businesses that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. Favored seeks to develop a diverse array of operating subsidiaries.
Forward-Looking Statements Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Website: http://www.empiremobilestudios.com/
Phone: 800-214-3109
Email: info@favoredinc.com
Primary Logo
Copyright © 2017 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
http://www.otcmarkets.com/stock/FVRD/news/Fav...03&b=y
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