SNM Global Holdings (SNMN)

[SIBA420]

Miami Beach, FL - August 11th, 2016 - PR Newswire

SNM Global Holdings has filed in Florida court to eliminate shares of following shareholders; FORTIS HOLDINGS LTD, WAKABAYASHI FUND LLC, and JOE OVERCASH. Case Number "CACE-16-014608" (https://www.browardclerk.org/Web2/CaseSearch/Index) was filed by SNM Global on Tuesday, August 9th, 2016.

"In a continuing pursuit to enhance SNM shareholder value, we have taken following action to reduce our outstanding shares and will continue to try to add value to our brand," stated CEO Troy Lowman. SNM makes no prediction on outcome of case nor will make any further statement until case is concluded.