big news Greene Concepts Announces Stock Buyback and Retirement of Over 360 Million Shares of Common Stock GlobeNewswire "Press Releases"
NEW YORK , Nov. 29, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE Greene Concepts, Inc. (INKW) announced today that the Company has bought back and retired 361,600,000 shares of the Companys Common Stock.
The new current share count is 673,112,401 shares outstanding of the Companys common stock. The Company will pursue additional opportunities to increase shareholder value on a go forward basis. The Company has no plans to do any major forms of restructuring and there will be NO reverse stock splits in the foreseeable future.
Additionally, the Company recently posted three years of financials to bring the Company current with regards to financial disclosures as well as bring the Company current with New York state corporate filings. The Company is also working to rectify any outstanding previous issues regarding DTC eligibility in an effort to provide a broader base of brokerage firms the access they prefer.
The Company looks forward to providing additional corporate updates and intends to communicate regularly thru press releases, corporate filings and social media outlets.
About Greene Concepts, Inc.
Greene Concepts, Inc. (http://www.greeneconcepts.com/
) is a publicly traded company that is in the process of transitioning from the ink technology business to the specialty beverage and bottling business.
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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Source: Greene Concepts, Inc.