OTC Disclosure & News Service Letter to Shareholders Press Release | 07/19/2021
Letter to Shareholders.
Released: July 19, 2021
4Cable TV International, Inc. (OTC: CATV) (the "Company")
Considering recent events, our Company is currently listed as Caveat Emptor. After speaking with a representative of OTC Markets Group, we have been informed that we will be designated as CE for 30 days, at which time we may apply for review of CE status. This CE was generated as a result of the posting of an affidavit used in the arrest for Dror Svorai wherein CATV was mentioned.
Our position on the investigation of Dror Svorai is that we know of no equity interest in the company by Dror Svorai, and we have not been advised that there is an investigation on CATV or current CEO Michael Feldenkrais by the underlying authorities.
CATV, by way of Counsel, is working diligently to clear up this matter as soon as possible.
CATV continues to operate normally, and business is as usual. We will continue to follow our reporting schedules to maintain full transparency with our shareholders.
Thank you for your support,
Michael Feldenkrais, CEO
About 4Cable TV International, Inc.
4Cable TV International, Inc. (OTC: CATV) is seeking to create and operate a fully integrated global CBD/hemp business, ranging from growing to retailing.
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