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Re: parshooter220 post# 9041

Saturday, 08/22/2020 8:39:56 AM

Saturday, August 22, 2020 8:39:56 AM

Post# of 13335
MKGP Reduces Outstanding Shares
August 21, 2020 by McCabe0 Comment
Maverick Energy Group, LTD is pleased to announce the Company is completing the buyback of 79,118,683 common shares from CEO James McCabe. These common shares will be returned to the treasury of the Company. In return, the Company will issue 100,000 newly-formed Preferred Shares to James McCabe and his assignees. This transaction represents 60.4% reduction of outstanding shares of the Company.