The Movie Studio, Inc. Announces Capital Restructuring of Its Common Stock
(firmenpresse) - HOLLYWOOD, FL -- (Marketwired) -- 09/01/15 -- The Movie Studio, Inc. (OTC PINK: MVES) (OTC PINK: MVESD) ("The Movie Studio" or the "Company"), a vertically integrated motion picture production and distribution Company with completed motion picture and production assets, announces the execution of a 1-100 reverse split of its common shares which was announced on FINRA's Daily List on August 17, 2015. The share capital restructuring took effect at the open of business August 18, 2015. The new symbol will be the "D" will be removed in 20 business days and the symbol will revert back to
"We are pleased with the completion of the Company's reverse stock split to position its growth through an acquisition strategy and production of new motion pictures into our bundling of motion pictures for worldwide distribution," stated Gordon Scott Venters, The Movie Studio's CEO.
About The Movie Studio, Inc.
The Movie Studio, Inc. is a vertically integrated motion picture production and distribution Company with completed motion picture and production assets. The Company acquires, develops, manufactures, and distributes independent motion picture content for worldwide consumption on various media devices.
Statements made in this press release that express the Company or management's intentions, plans, beliefs, expectations or predictions of future events, are forward-looking statements. The words "believe," "expect," "intend," "estimate," "anticipate," "will" and similar expressions are intended to further identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Those statements are based on many assumptions and are subject to many known and unknown risks, uncertainties and other factors that could cause the Company's actual activities, results or performance to differ materially from those anticipated or projected in such forward-looking statements. The Company cannot guarantee future financial results; levels of activity, performance or achievements and investors should not place undue reliance on the Company's forward-looking statements. No information contained in this press release should be construed as any indication whatsoever of the Company's future financial performance, future revenues or its future stock price. The forward-looking statements contained herein represent the judgment of the Company as of the date of this press release, and the Company expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.
Contact
The Movie Studio, Inc.
Gordon Scott Venters
President and CEO
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Datum: 01.09.2015 - 19:54 Uhr
Sprache: Deutsch
News-ID 417414
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HOLLYWOOD, FL
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Commercial & Investment Banking
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