Skip to main content

MVP Holdings Inc. readies for impending Reverse Merger with Significant Outstanding Share Reduction

Written by Customer Service on . Posted in Public Companies.

FRESNO, Calif., Jan. 26, 2021 (GLOBE NEWSWIRE) — MVP Holdings Inc., (OTC Pink: MVPT) a diversified holding company with a focus on consumer goods and service brands as well as real estate holdings, is pleased to announce that, in preparation for an impending reverse merger to be announced within the next 90 days, it is reducing its Outstanding Shares from the current figure of 170,769,145 shares to 50,039,145 shares. A reduction of 120,730,000 shares. MVP Holdings Inc., also has plans in place to reduce the Outstanding Shares another 15,000,000 shares down to approximately 35,000,000 before the impending reverse merger planned for completion by Q3 of 2021.
MVP Holdings CEO, Mr. Casey Musick, stated today that, “We are steadily working towards moving our company closer to current status on the OTC. With the recent acquisition of Mealthy Inc and the focus on new opportunities we feel now is the time to begin the final phase of bringing MVPT full circle and once again current and active. Our goal since day 1 of the process with MVPT was to bring it back current and build value back into the company as investors had been faithfully holding on for. These are extremely exciting times and I am incredibly please to be able to reduce the outstanding share capital so significantly. Our impending reverse merger will be officially announced with details within the next 90 days.”                         ABOUT MVP HOLDINGS INC.
MVP Holdings Inc. operates in Fresno, Ca. in multiple industries including real estate, consumer goods, consumer services and web-based services. The immediate focus for the Company is to capitalize on the opportunities coming available over the next 18 months in regards to acquisitions of various consumer goods and service brands.Please continue to look for new filings and press releases as we continue to work towards getting agreements signed and getting current with OTC and as we continue to grow the business and announce new launches and partnerships.Forward-Looking Information: The forward-looking information contained in this press release represents the expectations of the company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable securities legislation.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.