$INKW ~ Stock Buyback and Retirement of Shares >>
Post# of 103030
Greene Concepts Announces Stock Buyback and Retirement of Over 360 Million Shares of Common Stock
10:00 AM ET 11/29/18 | GlobeNewswire
Greene Concepts Announces Stock Buyback and Retirement of Over 360 Million Shares of Common Stock
NEW YORK, Nov. 29, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Greene Concepts, Inc. (INKW) announced today that the Company has bought back and retired 361,600,000 shares of the Company's Common Stock.
The new current share count is 673,112,401 shares outstanding of the
Company's common stock. The Company will pursue additional opportunities to increase shareholder value on a go forward basis. The Company has no plans to do any major forms of restructuring and there will be NO reverse stock splits in the foreseeable future.
Additionally, the Company recently posted three years of financials to bring the Company current with regards to financial disclosures as well as bring the Company current with New York state corporate filings. The Company is also working to rectify any outstanding previous issues regarding DTC eligibility in an effort to provide a broader base of brokerage firms the access they prefer.
The Company looks forward to providing additional corporate updates and intends to communicate regularly thru press releases, corporate filings and social media outlets.
About Greene Concepts, Inc.
Greene Concepts, Inc. (http://www.greeneconcepts.com/) is a publicly traded company that is in the process of transitioning from the ink technology business to the specialty beverage and bottling business.
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CONTACT:
Greene Concepts, Inc.
Investor Relations
investors@inkway.com