FAVORED, INC. (OTC:
FVRD) PROVIDES CORPORATE UPDATE AFTER EXTENDED PERIOD OF
REDUCED COMMUNICATIONS
Miami Beach, FL -- October 24, 2017 -- InvestorsHub NewsWire --
Favored, Inc. (OTC
Pink: FVRD) provided its shareholders today with a corporate
status update after an extended period of reduced
communications.
Favored, Inc. has repositioned itself as a
holding company with a focus on acquiring, developing, publishing,
and marketing digital assets, some areas of focus include but are
not limited to Ecommerce and blockchain technology. The assets may
range from mobile applications like its wholly owned subsidiary
Kryptos Communications, Inc. which provides encrypted
communications over mobile devices to developing applications under
Empire Mobile Studios, Inc. both to self publish and for third
parties.
Favored, Inc. would like to take this opportunity to provide
shareholders with an update as to the company's current operational
status and address corporate communications going forward.
In April 2016 the company underwent a merger and change of
control at which point Craig Coaches became the sole officer and
CEO of Favored, Inc. (FVRD) and its two wholly owned subsidiaries
Empire Mobile Studios, Inc. and Kryptos Communications, Inc. Since
that time the company has been diligently working behind the scenes
and is now caught up on all old filings and has maintained Pink
Current Status since the change in control occurred. The company is
now headquartered at its office in Miami Beach, FL.
Favored, Inc. (FVRD)
has established a twitter channel, @FVRD, inc., as a means whereby
to begin communicating with its shareholders and the investing
public. The two subsidiaries also maintain twitter channels at
@EmpireMobileStu and @Kryptos411. The company's website is located
at EmpireMobileStudios.com
About Favored, Inc.
Favored, Inc. is a publicly traded (OTC
PINK:FVRD) diversified holding company, which seeks
opportunities to acquire, develop, and grow businesses that can
generate long-term sustainable free cash flow and attractive
returns in order to maximize value for all stakeholders. Favored
seeks to develop a diverse array of operating subsidiaries.
Forward-Looking Statements Certain statements in this news
release may contain forward-looking information within the meaning
of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under
the Securities Exchange Act of 1934, and are subject to the safe
harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and
objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. Technical complications, which may arise, could
prevent the prompt implementation of any strategically significant
plan(s) outlined above. The Company undertakes no duty to revise or
update any forward- looking statements to reflect events or
circumstances after the date of this release.