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MBHC from OTC Markets

MBHC Security Details
Share Structure
Market Value1 $532,698 a/o Mar 25, 2015
Shares Outstanding 106,539,644 a/o Jan 08, 2015
Float 53,165,328 a/o Jan 08, 2015
Authorized Shares 600,000,000 a/o Jan 08, 2015- (A/S now 250M)
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=hK%252bV4c%252fp2pe0%252bhdYozHeBg%253d%253d&CorpName=MOBILE+BROADCASTING+HOLDING%2c+INC.

Mar 25, 2015
OTC Disclosure & News Service

Piscataway Township, NJ -

Mobile
Broadcasting
Holding, Inc.

30 Knightsbridge Rd., Ste. 525
Piscataway Township, NJ 08854

[phone]
[e-mail]

FOR IMMEDIATE RELEASE


MOBILE BROADCASTING HOLDING, INC. ANNOUNCES APPROVAL TO REDUCE AUTHORIZED SHARES

FOR IMMEDIATE RELEASE

PISCATAWAY, NJ, March 25, 2015/GLOBE NEWSWIRE/ - Mobile Broadcasting Holding, Inc. (OTCPink: MBHC) announces that its sole director, Kenneth D. Bland, has approved a reduction in the number of authorized shares of common stock to 250,000,000 shares from 600,000,000 shares. The Company’ board and majority stockholder approved the change on January 26, 2014 and the filing with the Nevada Secretary of State was effective on March 6, 2015.

Mr. Bland, who is also the Company’s chief executive officer stated: “We do listen to our stockholders who have not been pleased by the recent increase in our authorized shares. We believe that the reduction in the number of authorized shares still allows us a margin for future issue sufficient to raise the capital we need to launch our live video streaming technology.”

Supported by a 4G LTE and Wi-Fi telecommunications platform, the Company’s live-streaming video app is being designed to allow anyone to broadcast to friends, family, and other followers using his or her mobile phone. The app will also provide video-on-demand (VOD) features.