Team Nations Holdings Corp. Announces Cancellation of Series A Preferred and 1B Common Shares
09 1월 2014 - 12:00AM
Access Wire
Nevada / Accesswire / January 08, 2014 / Team Nations
Holding Corp, (a Nevada Corporation) (OTCBB: TEMN), today announced
that it has received the entire Series A Preferred shares and the 1
Billion restricted common shares that had been issued to the
previous officers of the company. The shares have been delivered
back to Clear Trust with the instructions to return to the
authorized but unissued status.
“This reduced the outstanding by 1 Billion shares ” says Alonzo
Pierce, CEO of Team Nation Holdings. Pierce also commented, “This
is a tremendous win toward our reorganization plan and I am happy
to put closure to this negative capital structure situation. The
Company is continuing with financial audits and its efforts to
bring the company completely current with the SEC. The company
expects to be fully reporting by the end of the month ”
This news release contains "forward-looking statements" within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995. When used in this release, words such as "estimate,"
"expect," "anticipate," "projected," "planned," "forecasted" and
similar expressions are intended to identify forward-looking
statements, which are, by their very nature, no guarantees of Team
Nations Holdings Corporation, Inc.’s future operational or
financial performance, and are subject to risks and uncertainties.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. Due to the risks and uncertainties, actual events may
differ materially from current expectations. The Company disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Contact:
832-390-2787
Source: Team Nations Holding, Corp.
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