
Monday, June 02, 2025 9:50:21 AM
XPOST
Breakthrough Chemistry, Inc. (OTC PINK: MGON) announces key corporate actions!
🔹 1:30 Reverse Stock Split – Effective June 15, 2025 (pending regulatory approval)
🔹 Authorized Shares Reduced – From 3.05B to 1.55B (1.5B common, 54M preferred)
🔹 Pending FINRA Processing – Name change to Breakthrough Chemistry, Inc., new ticker request: “BTCH”
CEO Robert Gardiner commented:
"Over the past few years, we have been diligently refining our operations, strengthening our technology portfolio, and expanding our vertical sales markets to position our company for long-term success. Despite our extensive intellectual property, advanced manufacturing capabilities, and proprietary innovations, our stock remains undervalued in the market. This 1:30 reverse stock split is a strategic restructuring effort designed to enhance the company's visibility to investors, attract new capital, and better reflect the intrinsic value of our assets. We remain committed to delivering shareholder value and advancing our vision for sustained growth and industry leadership."
Breakthrough Chemistry is at a pivotal moment, transitioning into a stronger, more competitive entity. With a refined corporate structure, strategic funding, and a diversified technology portfolio, Management believes the Company is well-positioned to capitalize on emerging market opportunities. Full news here: https://otcmarkets.com/stock/MGON/news
#BreakthroughChemistry#StockMarket #OTC #Finance
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