Skip to main content

The Marquie Group Lowers Authorized Shares

Written by Customer Service on . Posted in Public Companies.

ST. PETERSBURG, Fla., March 07, 2024 (GLOBE NEWSWIRE) — In a significant move for its shareholders, The Marquie Group, Inc. (OTCMKTS:TMGI), an emerging leader in health and beauty sector, today declared its intention to decrease its number of authorized shares.

Marc Angell, CEO of The Marquie Group, remarked, “By continuing to eliminate debt, we’re in a position to reclaim reserve shares back into the treasury. This action enables us to significantly reduce the number of authorized shares.” He further commented, “This reduction is expected to enhance shareholder confidence considerably.”

About The Marquie Group, Inc.

The Marquie Group is known for its Whim brand, a line of health and beauty products that promise safety, efficacy, and quality. Whim products are available through various channels including SimplyWhim.com, Amazon, and on Public Square. The brand stands out for its commitment to consumer health and well-being, born out of a necessity for higher standards and regulations in the beauty industry. Whim products are proudly made in the USA.

Forward Looking Statements

This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company’s current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.

Investor and Media Inquiries
Marc Angell, CEO
marc@tmgiusa.com
800-351-3021

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.