SMART MONEY GROUP

[RiseandShine]

$FTRS Retires 93% of OS now 20M, 6M float!!!!!!!


Futuris Company Retires 93% of Outstanding Shares

FAIRFAX, VA / ACCESSWIRE / February 10, 2021 / Kalyan Pathuri, CEO and President of Futuris Company (OTC:FTRS) announced today that the company has reduced the issued shares of its common stock from 288,602,964 common shares to 20,442,964 common shares. The shares represent a reduction of almost 93% of shares that were previously outstanding.

In exchange for the return of the 273,000,000 shares of the Company's common stock, the Company issued to the Stockholders shares of its newly designated Series M Preferred Stock (the "Series M Preferred Stock"). The Series M Preferred Stock have no voting rights.

Mr. Pathuri stated, "We wanted to start 2021 with our best foot forward. The decision was made to redeem and retire a majority of our outstanding shares from certain stockholders. In doing so, we are not only emphasizing our commitment to shareholder value but also enhancing the growth of our company through finding favorable funding for future acquisitions."

Futuris remains steadfast in working towards achieving its acquisition goals and uplisting to a higher exchange.

"COVID 19 has created a greater than ever demand in the Staffing industry. While it is unfortunate that many businesses are suffering during this time, the current environment has created the best scenario for our company to expand at a rapid rate," stated CFO Amit Jain.

We encourage shareholders to continually visit our website and social media platforms for new and exciting updates to come.

Website: www.futuris.company
Twitter: www.twitter.com/futuriscompany

About Futuris Company

Futuris is a Human Capital Management (HCM) company focused on the acquisition and operation of Executive Search, Staffing and Consulting Companies that specialize in professional service verticals such as Medical, Accounting/Finance, Information Technology, Recruitment Process Outsourcing (RPO), and Human Resources. The Company is committed to building a global staffing company through highly targeted and accretive acquisitions and operational efficiencies. For more information, please visit http://futuris.company/.

Futuris Company
Preya Narain
Email: [e-mail]
Phone: [phone]

SOURCE: Futuris Company
https://www.accesswire.com/viewarticle.aspx?id=628764


Flying under the Radar 20M OS 6M float no front loaded BS here!

Real company audited financials.

8k filed on share reduction.