$GDET GD Entertainment and Technology (GDET) (“GDET” or the “Company”), an emerging leader in the CBD, Blockchain, and Luxury Retail markets, is pleased to report that the Company has reduced its outstanding share count by 200 million shares through returning to treasury shares originally created as back-pay compensation for the Company’s CEO, Anil Idnani.
Mr. Idnani commented, “I believe I will ultimately be best compensated by growing confidence from current and prospective investors, which is most likely to result, in part, from this Company doing anything and everything we can to demonstrate to the market our absolute commitment to a shareholder-friendly path as we begin to replace hope and promise with tangible sales growth and game-changing partnerships in the weeks and months ahead.”
