GYOG, TA updated S/S per OTC: Could Share reduction be close to happening? If so, this could really jolt this back up quick!
Authorized Shares 1,500,000,000 a/o Jun 19, 2017
Outstanding Shares 1,099,472,719 a/o Jun 19, 2017
Restricted 525,056,650 a/o Jun 19, 2017
Unrestricted 574,416,069 a/o Jun 19, 2017
Held at DTC 542,859,013 a/o Jun 19, 2017
Float 52,869,373 a/o Sep 30, 2016
Transfer Agent(s) Verified by Transfer Agent
Island Stock Transfer
Green Energy Enterprises Retires First 150 Million Outstanding Shares of Planned 500 Million Share Reduction
JACKSONVILLE, FL--(Marketwired - May 30, 2017) - Green Energy Enterprises, Inc. (OTC PINK: GYOG) ("GYOG" or "the Corporation" or "the Company") is pleased to announce that the Company is submitting all necessary paperwork for the first 150 million outstanding shares of a planned 500 million outstanding shares reduction.
Over the next four months, the Company plans to retire an additional 350 million outstanding shares yielding an eventual reduction of 500 million outstanding shares.
The eventual 500M share reduction would cut the current O/S almost in half to approximately 599M shares issued and outstanding. This change should be reflected on OTCMarkets.com once the Company transfer agent processes and completes the change.
In addition to this initial 150M outstanding share reduction the Company recently successfully reduced the authorized shares from 9.5 billion shares to 1.5 billion shares. Investors are encouraged to monitor OTCMarkets.com as the Company expects this change to be reflected there soon.
CEO Donnell J. Vigil commented: "My goal with vastly improving GYOG's share structure is to make a powerful statement to investors that GYOG has experienced some recent Company successes and we want investors to feel a greater measure of confidence as we begin to elaborate on this success and growth. The confidence of the CEO should trickle down to investors and in my experience actions speak louder than words. After today I am anxious to begin updating our valued shareholders about our Florida-based MJ project and our nationwide MJ insurance project."
The Company is also working on completing financials and plans to upload to OTCMarkets.com soon in order to upgrade our tier status back to current.
The Company welcomes calls or emails from the investment community and encourages interested parties to follow us on Twitter @GreenEnergy_Ent.
