LEE PHARMACEUTICALS (LPHM) PROVIDES SHAREHOLDER UPDATE AND ANNOUNCES CHANGE OF CONTROL
January 18 2022 - 10:56AM
InvestorsHub NewsWire
LEE
PHARMACEUTICALS (LPHM) PROVIDES SHAREHOLDER UPDATE AND ANNOUNCES
CHANGE OF CONTROL
Sheridan, WY -- January 18, 2022 -- InvestorsHub NewsWire --
Publicly-held Lee Pharmaceuticals (OTC
Pink: LPHM) announces the completion of a change of control
with Accelerate Global Market Solutions, Corp (AGMSC), Inc. in
which AGMSC acquired control of the company's Special Series A
Preferred in a private transaction with Synergy Management and confirmation of
LPHM's business model shift to the Technology & Security
sector. As part of the transaction, John Morgan was appointed as
sole officer and Benjamin Berry resigned his
positions.
"We are currently working to update all records
with the Transfer Agent, Secretary of State and OTC Markets" stated
John Morgan, Chief Executive Officer. "Our strategic plans will be
revealed over the coming weeks to add shareholder value and to grow
the company."
Benjamin Berry has agreed to stay on as a
consultant and is working to finalize the PCAOB audit that was
started and finalize the 2021 Annual Report for OTC Markets. "I'm
excited for the future of LPHM as the new business direction is in
an emerging market" stated Benjamin
Berry, Consultant, and previous CEO. "I am also impressed
with Mr. Morgan's experience, and I believe by executing their plan
in the Technology & Security space they will be able to
increase value for shareholders.
Statements in this press release that are not
historical fact may be deemed forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Although Lee Pharmaceuticals believes the expectations reflected in
any forward-looking statements are based on reasonable assumptions,
Lee Pharmaceuticals is unable to give any assurance that its
expectations will be attained. Factors or events that could cause
our actual results to differ may emerge, and it is not possible for
us to predict all of them. The Company undertakes no obligation to
publicly update any forward-looking statement, whether as a result
of new information, future developments or otherwise, except as may
be required by law.
Contact:
John Morgan
Chief Executive Officer
Email: jm850fl@gmail.com
Web: https://www.acceleratemarketsolutions.com/
Twitter: https://twitter.com/accelerategms
About Accelerate Global Market Solutions,
Corp:
Security and technology company in the Cyber and
METAVERSE space bringing authentication, verification, validation,
and security to an underserved space.