Global Warming Solutions, Inc. Announces 1,616,455 Million Share Reduction

Rhea-AI Summary

Global Warming Solutions, Inc. (OTC: GWSO) has announced a reduction of 1,616,455 shares of its outstanding common stock. This decision follows extensive negotiations aimed at benefitting shareholders. President Michael Pollastro highlighted the importance of this reduction, emphasizing its positive impact on shareholder value. Additionally, a recent trend indicates that Generation Z prioritizes sustainability, influencing their purchasing decisions significantly. As this demographic gains purchasing power, companies must adapt to their environmental expectations.

Positive

• Reduction of 1,616,455 shares enhances shareholder value.
• Strategic move aligns with growing consumer demand for sustainable practices.

Negative

• None.

Temecula, CA, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Global Warming Solutions, Inc., (OTC: GWSO), a worldwide developer of technologies that help mitigate global warming and its effects on the planet announces a reduction of 1,616,455 shares of its outstanding common stock. “After exhaustive negotiations, we are pleased to further reduce the outstanding shares by an additional 1,616,455.” - Michael Pollastro, President of GWSO.

“Thanks to Gen Z, sustainable products are one of the top sustainability trends. Expect sustainable products to become mandatory among consumers in the coming months and years. More than any other generation, Gen Z is aware of climate change, loss of biodiversity, and the responsibility they must try and fix these issues. Research suggests that 54% of these young adults think a company’s environmental and social efforts are very or extremely important when considering whether to purchase a service or a product. As if that weren’t enough, Gen Z is gaining more purchasing power as they join the workforce, so your organization needs to take environmental and sustainability seriously if you want to attract customers.” – EnergyWatch-Inc.com

"To the benefit of shareholders the number of shares issued and outstanding has again been further reduced”, stated Michael Pollastro President of Global Warming Solutions Inc.

To learn more about Global Warming Solutions, Inc. Visit: http://www.gwsogroup.com
Forward-Looking Statements
This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent the Company’s current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the opinions of the Company’s management only as of the date of this release. Please keep in mind that the Company is not obligating itself to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: potential, expect, look forward, believe, dedicated, building, or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by the Company herein are often discussed in filings the Company makes with the United States Securities and Exchange Commission (SEC) available at www.sec.gov and on the Company’s website at https://www.gwsogroup.com
Contact:

Michael Pollastro

CEO

Global Warming Solutions, Inc.

mpollastro@gwsogroup.com