Share structure:
GMPW - Correct info after 1/22/10 15% share reduction (see press release below):
TOTAL SHARES AUTHORIZED 50,000,000
TOTAL SHARES OUTSTANDING 27,174,687
TOTAL SHARES RESTRICTED 8,280,345
So the float is 18,894,342
GiveMePower Corporation Reduces Outstanding Shares by 15 Percent
Significant Reduction in Number of Outstanding Shares Creates Added Shareholder Value
CALGARY, Alberta (January 22, 2010)
- GiveMePower Corporation (Pinksheets: GMPW.PK) today announced
the company has cancelled 4,743,071 shares, narrowing the
number of total Outstanding Shares from 31,917,758 to
27,174,687 shares, a 15 percent reduction.
"This cancellation creates immediate and considerable added value for
all of our existing Shareholders," said Bill Walton, President and CEO of GiveMePower.
"Improving Share capital structure in today's market is a
significant accomplishment, and greatly enhances our ability to
reach our 2010 objectives."
The Share cancellation, unanimously ratified by the Board of
Directors in an extraordinary meeting, was part of a settlement
agreement reached between the Company and Graebert GmbH of Berlin,
relating to an alleged infringement of GiveMePower's Registered Trademark rights.
In addition to the Share cancellation, the parties agreed to
dissolve business ties over a one-year period.
______________________ End News Announcement _________________
[[ JMHO, this looks like it's going to be a big deal, could run
A LOT HIGHER than it is now! The Company looks really good with
that impressive client / partner list.]]
About GiveMePower Corporation:
A Microsoft Partner, an Intel® PCA Developer Network Member,
and an IBM and HP Business Partner, GiveMePower has been a
leading innovator since 2001 in the supply of professional
services and solutions designed to save businesses time and
money managing digital information relating to the design,
reconstruction and maintenance of buildings and real-estate facilities.
GiveMePower® and PowerCAD® are Registered Trademarks,
or Trademarks of GiveMePower, Inc., in the USA, Canada, and
other countries. All other trademarks are property of their respective owners.
©2010 GiveMePower Corporation. All Rights Reserved.
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