HempAmericana Reduces Outstanding Shares by Almost 50%, HMPQ Does Not See Any Further Dilution in The Near Future?
October 30 2017 - 1:14PM
InvestorsHub NewsWire
HempAmericana
Reduces Outstanding Shares by Almost 50%, HMPQ Does Not See Any
Further Dilution in The Near Future?
NEW YORK, NY -- October 30,
2017 -- InvestorsHub NewsWire -- HempAmericana, Inc.
(OTC PINK: HMPQ) is Happy to announce a reduction in
the number of shares, from 6 billion shares outstanding, were
reduced to 3.75 billion, further reductions will take effect in the
near future.
The dilution has ended.
Shares were previously issued to satisfy the REG A + offering,
which took the better part of 15 months, to receive approval from
the SEC, The REG A + allows HMPQ, HempAmericana.net, to sell up to 4
Billion shares without restrictions, at the fixed price of .005--
The REG A +, is a method to raise capital and help the company
develop on sure footing.
HMPQ decided
that 6 billion shares were
just too many, HMPQ will
become trim and lean.
HMPQ anticipates generating
revenue, delivering value to shareholders by the end of the fiscal
year 2017 or Early Jan 2018.
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