07 Aug MBO Holdings (BEMG) Announces Plans for Reducing Outstanding Shares by at Least 75 Percent
SUNRISE, Fla., Aug. 07, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE — Beta Music Group Inc. (USOTC PINK: BEMG) through its operating subsidiary Get Credit Healthy (www.getcredithealthy.com) announces it has begun exploring ways to reduce the number of common shares outstanding by at least 75 percent. This would bring the outstanding down from approximately One Billion shares to under Three Hundred Million shares.
Elizabeth Karwowski, CEO, stated “Reducing the outstanding shares by at least 75 percent will bring considerable value to our shareholders. At this time, we will not engage in a reverse stock split to accomplish our goal. As we aggressively expand nationwide and landing large lending institutions as new clients monthly, we want the price of our stock to reflect the rapidly growing value of our company. I look forward to sharing the continuing progress we expect to make soon.”
Get Credit Healthy (GCH) is a trailblazer, forging a new path in the mortgage industry. GCH will be introducing game changing product/s in the coming months. GCH’s proprietary software has been so well received that it is integrating with 7 of the 100 largest lenders in the country.