USTC to Dramatically Reduce Authorized Shares N
Post# of 102018
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Nov 02, 2017
OTC Disclosure & News Service
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MISSISSAUGA, ON / ACCESSWIRE / November 2, 2017 / USA Real Estate Holding Co. (OTC PINK: USTC) notifies shareholders that the board has recently voted to amend the company's Articles of Incorporation with the State of Delaware to reflect substantial reduction of authorized shares of common stock to Five Hundred Million (500,000,000).
"We have decided to decrease the number of shares authorized, as we believe a lower number of authorized shares will allow us to sustain a good stock price while building a solid market cap for the company in the long term," said CEO, Bilal Shafi.
ABOUT USA REAL ESTATE HOLDING:
USA Real Estate Holding Company (OTC PINK: USTC) is a public holding company that targets acquisitions of undervalued, niche companies with high growth potential, including real estate properties, Fintech companies, and other emerging digital technologies. For more details, please visit www.usarealestateholding.com.
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events of future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Bilal Shafi, CEO | info@usarealestateholding.com | Tel: 866-557-5745
SOURCE: USA Real Estate Holding Company
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