There has been an emerging trend as of late if you have yet to notice of penny stock companies reducing their share counts. Share reduction, whether authorized, issued and outstanding or even a “buy back” are fantastic means of giving back shareholder value. Thursday, November 9, 2017, B2Digital (BTDG) is the latest with their announcement of a return of 5,000,000 million shares from the Real Hip-Hop Network Inc. Significant indeed as these additional shares represented an 11% reduction.
- $BTDG goes from 45,200,144 to 40,200,144 shares
- $PDXP goes from 10B authorized to 3.04B to 658M authorized shares
- $HAON board plans on buying back shares up to .01/share
- $OPTI goes from 52,944,500 shares to just 23,244,500
- $VMCI goes from 2billion to 600million
About B2Digital Inc.
B2Digital, Incorporated is a full service Live Event Sports Company. Since its restructuring in early 2017, the company has been led by a management team with over 30 years of global experience developing more than 20 companies in the Sports, Television, Entertainment, Digital Distribution and Banking Transaction industries. As part of its growth strategy, B2Digital intends to continue to develop and acquire assets meeting its business model with the goal of becoming a Premier Vertically Integrated LIVE Event Sports Company.
$PDXP (news link) http://www.otcmarkets.com/stock/PDXP/news/Share-reduction?id=162582&b=y
About PDX Partners, Inc.
PDX Partners, Inc. (OTC PINK: PDXP) is a Telecom company dedicated to creating revenue and shareholder value by marketing Telecom products and acquiring other long term growth assets. The company was founded in 1997.
About Halitron, Inc.
Halitron, Inc., a multisector holding company, is focused on acquiring sales, marketing, and manufacturing businesses, and then rolling them into an efficient, low-cost operating infrastructure. Management targets operating entities that can either benefit from current operating infrastructure or operate autonomously and offer an additional product or service to scale existing operations. For more information on Halitron, Inc., please visit: www.halitroninc.com.
$OPTI (news link) http://www.otcmarkets.com/stock/OPTI/news
About OPTEC International, Inc.
OPTEC International recently acquired a worldwide exclusive license (Excluding North America) for the marketing and distribution of the OPTEC Fuel Maximizer products and is currently conducting fuel and emission reduction tests with large fleet operators in Korea, Dubai, Morocco, United Arab Emirates and Russia. The OPTEC™ Fuel Maximizer is manufactured by OPTIMIZED Fuel Technologies, and is a patented advanced “plug and play” technology designed for modern computer controlled gasoline and diesel engines eliminating or substantially reducing harmful emission gases while simultaneously increasing performance and optimizing fuel economy. www.optecmpg.com
Note to all CEO’s…
At PSInvestor, we commend all CEO’s out there following this trend. We hope to continue to see companies seeking intelligent ways to bring value into their companies. Less dilution, less convertibles, less drip drip drip and a higher PPS for all shareholders.
Disclosure: PSInvestor.com does NOT hold a position in any of the above mentioned securities, nor has it been compensated to mention them in the above article. To read our full disclaimer, please click here.