CAVU RESOURCES, INC. (PINKSHEETS: CAVR) is pleased to announce that the board of directors of CAVU Resources, Inc. voted to reduce the company's authorized common shares by 400,000,000 to 200,000,000 withouts 78,185,957 common shares currently issued and tanding. The company also announced the retirement of approximately $925,000 of outstanding convertible notes and the closed any further offing of convertible shares under its recent Reg D filing.
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