Global Warming Solutions, Inc. Announces 5m Share Reduction

Rhea-AI Summary

Global Warming Solutions, Inc. (OTC: GWSO) announced a reduction of 5 million shares from its outstanding common stock, highlighting its commitment to shareholder interests. This significant decrease suggests that the company may be undervalued, as noted by President Mike Pollastro. The press release also referenced a Kiplinger article pointing out substantial growth in green stocks, which have significantly outperformed the S&P 500. Investors are urged to consider these factors in the context of market trends and the company's strategic initiatives.

Positive

• Reduction of 5 million shares enhances shareholder value.
• Company emphasizes commitment to shareholder interests, possibly leading to an undervalued stock.

Negative

• None.

Temecula, CA, April 30, 2021 (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 5,000,000 shares of its outstanding common stock.

“We are pleased to announce that we have successfully reduced the outstanding shares by 5 million, that were previously issued and outstanding. The significance of this cannot be underestimated. Once again, we are putting the interest of our shareholders first” commented Mike Pollastro, company President.
The number of shares issued and outstanding is now significantly reduced which we believe makes the company incredibly undervalued.

According to a February 28 article by Kiplinger, “Many green stocks are up two-, three-, four-fold and more over the past year. The shares of electric car maker Tesla have risen 480%, for example, and the stock of solar-energy company Enphase Energy has surged 423%. From the start of 2020 through late January, a basket of U.S. renewable-energy stocks has outgained the broad S&P 500 index by more than 200 percentage points, with the median price-earnings ratio of the renewable names, based on projected profits, 40% higher than the S&P 500’s, according to Goldman Sachs. Analysts at investment bank Raymond James call this a “breakout moment” for green investing…”.

Mike Pollastro
President
Global Warming Solutions Inc.
mpollastro@gwsogroup.com

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.