Thursday, July 12, 2018 9:19:31 AM
SETO Holdings, Inc. (OTC PINK: SETO) Updates Its Shareholders Regarding Seto's Current Share StructurePress Release | 07/12/2018
HANOVER, MD / ACCESSWIRE / July 12, 2018 / SETO Holdings, Inc. (OTC PINK: SETO) announces float structure lower than indicated on OTC markets. The current Float, as of July 10, 2018, is 6,673,117 and not 7,792,312 as currently reported on OTC Markets. The up-to-date and corrected information was submitted to OTC on Tuesday (7/10); OTC will update its records in due course.
President Dr. Niti Srivastava commented, "Our correct float is estimated at 6.6m. We are looking into ways of further reducing our float. While we have not made a firm determination in this regard, we feel that this may provide greater long-term value to our shareholders."
"We are also pleased to report that we are upgrading our headquarters and moving to a bigger and better facility. Hanover, MD has been great to us over the last 5 years. We are looking forward to more space, an upscale location, growth, business expansion and an increase in shareholder value over the next 5," said Srivastava.
"If you're in town, call us and we will break bread with our favorite wine - Seto Reserve. Cheers!" said Srivastava.
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