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Sunday, August 11, 2013 10:30:43 PM
The authorized and issued are current, but the float (free trading shares) has been reduced greater that 40%. Like it or not, the company's market cap is around 35% of annual revenues, and is extremely undervalued. As we all know in the penny game it's all about awareness and momentuem, and they have done a very poor job of bringing either of those to the table.
LAS VEGAS, Jan. 9, 2013 /PRNewswire/ -- MetaPower International, Inc. (OTCPK: MTPR) (the "Company") is pleased to announce that, as a result of several actions taken by the Company, the Company has successfully cancelled and retired over 70 million shares of its outstanding unrestricted common stock, and without significant cost to the Company. These actions reduce the Company's outstanding float down to 90,002,839 shares of common stock.
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