THIS IS WHAT WE HAVE BEEN WAITING TO HEAR! ——————————————- ASTRA VEDA REDUCES AUTHORIZED SHARES
Huntington Beach, California / December 28, 2022/ Astra Veda Corporation (OTC PINK: ASTA) announces that it is sending updated articles of incorporation to the Wyoming Secretary of State the first week in January 2023.
Chairman and CEO Mick Davis stated, “We are implementing a tabula rasa from which to lay a new foundation for the future. One of our essential objectives for the long-term viability of the Company is to correct the past securities issuance defects. This also involves curing any securities violations by the former board of directors and offering a rescission letter and settlement to unaccredited and deceived investors.”
The first corporate action of 2023 will be to reduce the number of authorized shares from 12.9 billion to 10 billion shares. This adjustment will signal to future investors that Astra Veda Corporation is dedicated to improving foundational value for its shareholders.
Upon receipt of the updated and stamped articles of incorporation, our Transfer Agent, Clear Trust LLC., will amend the Company’s authorized issuance share count. Immediately afterwards, the Company will authorize the conversion of all Preferred Series B Stock and will publish the detailed instructions on its web site.
Astra’s Chief of Operations Jeff Ballard reports that, “the Eventus team has completed our 2022 Q3 financial disclosure statement and the footnotes are in the final round of executive review before being submitted to the OTC Markets Group.”
The Company looks forward to completing the last outstanding task to be eligible for the Pink Current tier after uploading a valid Attorney Letter With Respect to Current Information in accordance with the OTC Markets Group Attorney Letter Guidelines.
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### ABOUT ASTRA VEDA CORPORATION
Astra Veda Corporation (OTC PINK: ASTA), is a Wyoming corporation bringing disruptive and innovative technologies to market through a rigorous due diligence and opportunity assessment program. Through our subsidiary and co-investment affiliate partnerships, Astra Veda provides a variety of unique intellectual property, business processes, products, and tools that create value for our customers and partners.
The company doesn’t routinely communicate with the anonymous investors from the public on a one-on-one basis. We want to avoid the appearance of insider trading or other inappropriate communications behavior. All substantive news and information will be sent out by way of the OTC Markets platform as wells as other traditional news outlets.
Astra Veda does not engage in promotion of our stock or company.
Source: Astra Veda Corporation
Services@Astra-Veda.com
(702) 550-8161
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