MBO HOLDINGS (BEMG) ANNOUNCES PLANS FOR REDUCING OUTSTANDING SHARES BY AT LEAST 75 PERCENT Sunrise, FL/ August 7,2018- Beta
August 07 2018 - 11:20AM
InvestorsHub NewsWire
MBO
HOLDINGS (BEMG) ANNOUNCES PLANS FOR REDUCING OUTSTANDING SHARES BY
AT LEAST 75 PERCENT
Sunrise, FL. -- August
7,2018 -- InvestorsHub NewsWire -- Beta Music Group Inc. (USOTC
PINK: BEMG) through its operating subsidiary Get Credit Healthy
(www.getcredithealthy.com)
announces it has begun exploring ways to reduce the number of
common shares outstanding by at least 75 percent. This would bring
the outstanding down from approximately
One Billion shares to under Three Hundred Million
shares.
Elizabeth
Karwowski,
CEO, stated "Reducing the outstanding shares by at least 75 percent
will bring considerable value to our shareholders. At this time, we
will not engage in a reverse stock split to accomplish our goal. As
we aggressively expand nationwide and landing large lending
institutions as new clients monthly, we want the price of our stock
to reflect the rapidly growing value of our company.
I look forward to sharing the continuing progress we expect to make
soon."
Get Credit Healthy (GCH) is a trailblazer, forging a new path in
the mortgage industry.
GCH will be introducing game changing product/s in the coming
months. GCH's proprietary software has been so well received that
it is integrating with 7 of the 100 largest lenders in the
country.
About
BEMG
BEMG,
through its operating subsidiary Get Credit Healthy, utilizes its
proprietary processes, platform, and software to integrate with
lenders to make it easier to recapture leads. Developed for and by
those with extensive experience in the mortgage industry, Get
Credit Healthy's
platform
has already facilitated over $200 million in new loan opportunities
for its partners.
Get Credit
Healthy has showed sustained growth over the past three years and
shows no signs of slowing down. Get Credit Healthy is working to
increase its network of partners and is looking forward to a very
promising future. Please visit the company website
at www.betamusicgroup.net.
Safe Harbor
Statement
This press
release contains forward-looking statements that can be identified
by terminology such as "believes," "expects," "potential," "plans,"
"suggests," "may," "should," "could," "intends," or similar
expressions. Many forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause
actual results to be materially different from any future results
or implied by such statements. These factors include, but are not
limited to, our ability to continue to enhance our products and
systems to address industry changes, our ability to expand our
customer base and retain.
For
information, please contact:
Elizabeth
Karwowski,
CEO Beta
Music Group, Inc. t/b/k as MBO Holdings Corp.
8411 West
Oakland Park Blvd.
Suite
202
Sunrise, FL
33351
ek@gch360.com
(877)850-3444
Ex 7
Source:
Beta Music Group, Inc. t/b/k as MBO Holdings Corp.