Findit Inc. (FDIT)

[budfoxfun]

Company announced it will reduce its Common shares outstanding from 345,430,032 to 245,430,032. The reduction will be completed by March 31st, 2018. The 100 million shares will be converted into Preferred B series and be eligible to be converted back in June of 2019.

Raymond Firth, President of Findit, said, “This benefits our Common Stock shareholders by reducing the Common Stock outstanding our shareholders will benefit in the future if Findit is profitable by having less common stock outstanding on a per share earnings basis."

FDIT