Thursday, May 09, 2024 12:17:11 PM
Over a year ago Blagman brings up "2 new projects that will close this month. These are potential revenue-producing endeavors and I'd personally like to see those revenues used to facilitate a share buy-back to keep investors made whole"
SO from BUYBACK to R/S ????
March 9, 2023,
"First, I'd like to start off by saying what a privilege and honor it is to be working with
MWWC, I truly appreciate this opportunity to bring some reinvigorated energy and some new more practical policies to the corporate structure. I understand that this will be an uphill battle at times, but I'm also very confident in the experience I have in the media industry.
Second, and this is for the Shareholders in regards to the aforementioned Reverse Split. I have told the Board of Directors that the company's ambitions to get to Nasdaq cannot be done by utilizing a 10,000 to 1 reverse split, and I've made some strong arguments to that effect. If a reverse split is necessary, it won't happen right away, these processes take time and even then may not get approval by Finra. This is why I have proposed to the Board that IF any reverse split were to occur, it cannot exceed a 20 for 1 R.S., with a more aggressive lean towards a 10 for 1 R.S. or nothing at all.
Lastly, there is a value that I am bringing to ‘MWWC' under ‘MWM' in the form of 2 new projects that will close this month. These are potential revenue-producing endeavors and I'd personally like to see those revenues used to facilitate a share buy-back to keep investors made whole, there are many options available at our disposal, it just takes a fresh perspective and some creative thinking," said Robert Blagman (‘TCO' Transitioning Corporate Officer).
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