Markray Corporation (RVBR) Announces 91.5% Share Reduction Completed To Retire 517,133,405 Shares Back To Treasury
24 September 2019 - 3:45PM
InvestorsHub NewsWire
Markray Corporation (RVBR)
Announces 91.5% Share Reduction Completed To Retire 517,133,405
Shares Back To Treasury
GLENDALE, CA -- September 24, 2019 -- InvestorsHub
NewsWire -- Markray Corporation has completed the
share reduction of 91.5% of its issued and outstanding shares by
cancelling and retiring 517,133,405 shares back to its Treasury.
This was done to position the company for the significant growth
that is anticipated to be coming into the company to bring a
greater valuation to the company and its shareholders.
Our share structure has been updated on OTC Markets. The new
issued and outstanding shares are 50,276,488 shares and the float
is 36,625,476 shares. The current authorized shares are in the
process of being reduced.
The company is in the process of updating its financials and
disclosures with OTC Markets to become current to position the
company for its upcoming symbol, name, and cusip number changes.
Further updates of the growth coming into the company and its
financials will be released in the near future.
About Markray Corporation
Markray Corporation is a development stage holding company
targeting diversity and increased shareholder value through a
series of acquisitions and mergers. It and its subsidiaries hold
the intellectual property and technical expertise in plasma
technology for the development and distribution of a wide variety
of disruptive and novel technologies that will create a new
industrial revolution in market sectors including, but not limited
to agriculture and food security, animal husbandry, health and
medicine, energy saving and energy production, pollution control
and decontamination, materials production, land, sea and air
transportation, communications technology and space travel and
exploration. Subsidiaries of Markray Corporation are partnering
with some of the largest corporations around the world to inject
the new scientific understanding and advanced solutions into
existing technologies, manufacturing facilities and production
lines. The corporation has a roadmap for global expansion,
including international research and development and the creation
of industrial zones specifically for raw materials production on
every continent. It is expected that Markray Corporation and its
subsidiaries will become household names in the very near future,
as their technical know-how transforms many of our every-day points
of reference from our homes and vehicles to our communications,
food, and healthcare.
Safe Harbor and Informational Statement
This press release may contain forward-looking information
within the meaning of Section 21E of the Security Exchange Act of
1934, as amended (the Exchange Act), including all statements that
are not statement of historical fact regarding the intent, belief
or current expectations of the company, its directors or its
officers with respect to, among other things: (i) the company's
financing plans; (ii) trends affecting the company's financial
conditions or results of operations; (iii): the company's growth
strategy and operating strategy; and (iv) the declaration and
payment of dividends.
The words "may", "would", "will", "expect", "estimate",
"anticipate", "believe", "intend", and similar expressions and
variations thereof are intend to identify forward-looking
statements. Investors are cautioned that any such forward-looking
statement is not a guarantee of future performance and involve
risks and uncertainties, many of which are beyond the company's
ability to control, and that actual results may differ materially
from those projected in the forward-looking statements as a result
of various factors including the risk disclosed in the company's
statements and reports filed with the OTC Markets. The Company
claims the safe harbor provided by Section 21E(c) of the Exchange
Act for all forward-looking statements.
CONTACT:
ir@kfgl.global
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