InvestorsHub Logo
Followers 356
Posts 26139
Boards Moderated 3
Alias Born 06/14/2011

Re: None

Wednesday, 05/17/2017 11:02:13 PM

Wednesday, May 17, 2017 11:02:13 PM

Post# of 63184
HUGE NEWS OUT TODAY MAY 17.. 300M RETIRING OF SHARES 2B PLUS INSIDERS HOLDING

Revisions to Recent McCusker Holdings Corp. Announcement About Share Retirement and use of Social Media DALLAS - May 15, 2017 - McCusker Holdings Corp (MHC), a leading national provider of help desk and warranty insurance, recently announced that on or about April 30, 2017 it began retiring shares of the company’s stock trading under the symbol ORRV - soon to be MCCU. The company reconfirms its intention to continue the plan to retire a total of 300,000,000 shares of ORRV common stock by June 05, 2017. However, the retirement of 300,000,000 common shares will be from outstanding shares, and not from authorized shares. MHC is targeting a float of 800 to 900 million shares under the symbol MCCU. Additionally, the board of MHC plans to increase the number of restricted shares for preferred placements and other acquisitions that may be under negotiation. Finally, insider restricted shares remain in excess of two-billion total shares, making insiders the majority shareholders of McCusker Holdings Corp. Recently we concluded the last round of debt mitigation with Northbridge, pursuant to section 3(a)(10) of the securities act of 1933. Mitigation and complete elimination of this debt set the stage for the implementation and growth initiatives of the Company under a new symbol and name for 2017. These growth initiatives including the development and expansion of call center operations in Spokane, Washington, the launch of the annual second effort campaign, the relaunch of protect club our newly updated national service solution, and the acquisitions of a service provider and the acquisition of product development and management company. Chief Executive Officer Will McCusker said “I I am excited to announce the conclusion of stock dilution for our firm. The company is taking all necessary steps to be debt-free under the new symbol MCCU. Taking this action in the long-run is not only good for shareholders, it is good for the company.” Regarding the use of social media, McCusker Holdings Corp is filing appropriate documentation on formalizing the use of this important news medium. The company believes this is a key method of keeping shareholders informed and is confident this important tool will provide timely information on our business. Investors with additional questions about the company should contact investor relations at investors@mccuskerco.com. For more information about McCusker Holdings Corp, please check out the website at www.mccuskerholding.com.

My posts are my opinion and should not be used as investment advice. Make your own due diligence and decisions in your stock trades. GLTA