LOS ANGELES, Feb. 21, 2014
/PRNewswire/ -- Verde Media Group Inc., (OTC: VMGI) announces
that the company has filed the requisite disclosure for OTC Markets
Pink Current Information Status.
OTC Markets will reflect this action on Monday February 24th 2014.
In response to shareholder inquiries concerning the current
share structure of Verde Media Group Inc., the current share
structure as of February
21st 2014 is as follows:
Authorized
shares:
|
500,000,000
|
Issued shares:
|
500,000,000
|
Restricted
shares:
|
240,760,663
|
Public
Float:
|
259,239,337
|
The Board has no current or future plans to reverse split the
common stock of Verde Media Group Inc., furthermore the company is
not raising its authorized shares and the authorized shares will
remain at 500,000,000.
About Verde Media Group Inc.
Verde Media Group Inc. is a publicly traded company listed
on the OTC Markets trading under the stock symbol: VMGI. It
operates a managed media financing company with production,
distribution, and development functions for film and television.
The company also incorporates an Agency division managing
multi-media, public relations and marketing functions for corporate
clientele. For more information, visit
www.verdemediagroup.com, or connect with the
company on
Facebook.
DISCLAIMER:CAUTIONARY-DISCLOSURE-ABOUT-FORWARD-LOOKING-STATEMENTS
The results described herein cannot be guaranteed. This
release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E the Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Statements in this news release other than statements of historical
fact are "forward-looking statements" that are based on current
expectations and assumptions.
(Logo: http://photos.prnewswire.com/prnh/20130828/PH70808LOGO
)
SOURCE Verde Media Group Inc.