MIAMI BEACH, Fla., Oct. 27, 2017 (GLOBE NEWSWIRE) -- SNM Global Holdings (OTC:SNMN), a media/entertainment company would like to announce they have officially reduced the authorized share structure one billion shares as of Thursday, October 26, 2017.
"In a continuing effort to show our shareholders that we are committed to an efficient and attractive share structure, we have reduced our authorized shares by 25%. We are also proceeding forward to eliminate shares we deem invalid already established in the share structure," stated SNM CEO Troy Lowman, "we want to emphasize our goal to only dilute when it is absolutely in the best interest of the company in acquiring assets."
Contact:
SNM Global Holdings, Inc.
Troy Lowman, CEO
Tel#:410-733-6551
info@snmholdings.com
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.