CORO GLOBAL INC - CGLO STOCK NEWS

Coro Global Inc. invites shareholders to its virtual Annual Meeting on March 31, 2022, at 10:00 AM EDT. Due to COVID-19 concerns, all registered stockholders will receive access details via email. Attendance is encouraged for stockholders of record as of March 3, 2022. The meeting will feature updates from the Board of Directors and Management, alongside a Q&A session. Questions for this session must be submitted by March 28, 2022. Shareholders are urged to review all public filings before the meeting for comprehensive insights on the Company's current status.

Coro Global plans to resume operations by the end of Q1 2022 and will hold its first annual shareholder meeting. CEO David Dorr emphasized gold's enduring value amidst rising inflation, citing significant currency devaluation in Turkey. In response to a meritless lawsuit filed against it, Coro Global initiated a countersuit against former directors, expressing confidence in a favorable outcome. The company aims to enhance user engagement through a mobile app for gold exchange and will publish monthly updates on its progress starting January 15, 2022.

Coro Global develops financial technology products, aiming to create an inclusive financial system centered on sound money. The company refutes allegations made by former Chairman Lou Naser, claiming he misrepresented his authority and the company's performance. Management disclosed a reduction in net losses by 36% year-over-year and has onboarded 1,600 new customers this year. However, the company has expressed uncertainty about its ability to continue as a going concern, heightened by its 88% stock price decline since Naser's tenure. Coro Global is exploring strategic options to preserve resources.

Coro Global Inc. (OTCQB: CGLO) announced that its subsidiary, Coro Corp., has received a U.S. Money Transmitter license from the State of Tennessee. This milestone allows Coro to transmit currency within Tennessee and other jurisdictions. The company aims to promote gold as a resilient currency through its CORO mobile app, enabling users to exchange, send, and save gold easily. Currently licensed in 29 U.S. states and planning further expansion, Coro underscores its commitment to fintech innovation in the growing gold payment market.

Coro Global (OTCQB: CGLO) has received a U.S. Money Transmitter license for Nevada through its subsidiary, Coro Corp. This enables the company to operate its mobile payment app, CORO, which facilitates the exchange, sending, and saving of gold and dollars. Currently, Coro is licensed in 29 U.S. states and aims for further expansion, including international markets like Mexico and Canada. CEO David Dorr emphasizes the importance of gold as a stable financial asset amid economic instability and inflation, underscoring the company's mission to democratize access to gold.

Coro Global Inc. (OTCQB: CGLO) has received a U.S. Money Transmitter license for Puerto Rico through its subsidiary, Coro Corp. This milestone allows the launch of the CORO mobile payment app, facilitating the exchange, sending, and saving of gold and dollars. Coro aims to democratize access to gold, which is particularly significant given Puerto Rico's economic challenges. The company expects to start onboarding customers within about 90 days and plans to expand its service across the U.S. and internationally.

Coro Global (OTCQB: CGLO) has received a U.S. Money Transmitter license in New Mexico for its subsidiary, Coro Corp. This license allows the company to transmit currency and monetary value within the state and beyond. Coro's mobile app enables users to exchange, send, and store gold and dollars. With this new authorization, Coro expands its services to 26 states and plans further growth throughout 2021, including international expansions to Canada and Mexico. CEO David Dorr highlights the increasing interest in using gold as a currency due to inflation concerns.

Coro Global Inc (OTCQB: CGLO) has announced that its payment app is now licensed and operational in 25 U.S. states and the District of Columbia. This expansion follows the recent acquisition of a Money Transmitter license in Virginia. With the increasing value of gold amid declining dollar stability, the CORO App allows users to exchange, send, and save gold seamlessly. The company plans to continue expanding both domestically and internationally in 2021.

Coro Global Inc. (OTCQB: CGLO) announces the appointment of David Dorr as Director, President, and CEO. With over 20 years in capital markets and fintech, he played a key role in launching the CORO app in August 2020, now available in 23 U.S. states. Dorr aims to establish gold as a modern currency, enhancing financial stability. He succeeds J. Mark Goode, and Brian Dorr is appointed COO. The company also names Lou Naser as Chairman, promising continued expansion of the CORO app across the U.S. and into Canada and Mexico in 2021.