$GTEH recent news on reduction in Authorized Shares by 25%

New Post Public Reply Private Reply Replies (0) Message Board
BCNstocks
166
$GTEH recent news on reduction in Authorized Shares by 25% >>

GenTech Announces Aggressive Anti-Dilution Initiative as Product Readies for Launch in $15B Market

https://finance.yahoo.com/news/gentech-announ...00371.html

NEW YORK, NY -- February 6, 2020 -- InvestorsHub NewsWire -- GenTech Holdings, Inc. (OTC PINK: GTEH) ("GenTech" or the "Company" , an emerging leader in the high-end CBD food and drinks marketplace, is pleased to announce an aggressive corporate structure initiative designed to demonstrate the Company's absolute commitment to shareholder-friendly growth in 2020 and beyond as the Company readies the launch of its new Premium and CBD-Infused Coffee Subscription Package product. These steps include:

- An immediate filing with the State of Florida for a reduction in Authorized Shares by 25%,
- A plan to further reduce the authorized share allowance over a specified period,
- A scheduled program of debt retirement,
- Pre-emptive action on outstanding convertible notes expiring in 2021 and 2022 to prevent conversion and dilution in the market.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Mobix Labs Achieves Record Growth with 50% Revenue Surge

Updated Category News Views 136

Mobix Labs Sees Remarkable Revenue Expansion Mobix Labs, Inc. (Nasdaq: MOBX), based in Irvine, California, is making headlines with a remarkable performance in its latest fiscal year. Having achieved over 50% revenue growth, the company has undeniably marked its footprint in the advanced connectivity market, providing essential solutions for industries like aerospace,...

Continue Reading
Strengthening Global Cooperation Through BRICS: Insights from Experts

Updated Category News Views 373

Building Bridges: The Role of BRICS in Global South Cooperation The ongoing evolution of global politics highlights the importance of platforms like BRICS, which have become pivotal in fostering solidarity among emerging economies. The 17th BRICS Summit recently placed a strong emphasis on sustainable development, opposition to unilateral trade measures, and the need for...

Continue Reading
ATP Secures Conditional Exemption Regarding Acquisition Deal

Updated Category News Views 133

ATP's Notification to Copenhagen Airports A/S In a significant development, Arbejdsmarkedets Tillægspension (ATP) has notified Copenhagen Airports A/S about receiving a conditional exemption from the Danish Financial Supervisory Authority (DFSA). This exemption relates to ATP's involvement in the indirect acquisition of a controlling share in Copenhagen Airports A/S....

Continue Reading
Adecco Group Reports Stable Q3 Performance Amid Challenges

Updated Category News Views 58

Adecco Group's Performance Analysis for Q3 2024 The Adecco Group continues to display a robust performance even amidst challenging market conditions. Recent results for the third quarter showcase the resilience of the organization, particularly with volumes stabilizing as the market evolves. Quarterly Revenue Insights In Q3 2024, Adecco reported a 5% year-over-year...

Continue Reading
Freeport-McMoRan Charts a Unique Course in Copper Production

Updated Category News Views 57

An Alternative Approach to Growth in the Mining Sector In a market where industry giants like BHP and Rio Tinto are actively pursuing mergers and acquisitions, Freeport-McMoRan (NYSE: FCX) is choosing a different path. The company is concentrated on fostering organic growth, prioritizing production increment over expensive acquisitions. Production Expansion Across...

Continue Reading