HQGE Reports 550 Million Share Reduction in Total Outstanding Common Shares
HQ Global Education, Inc. (OTC: HQGE) announced a reduction in its total outstanding common shares by 550 million, decreasing from 8,519,922,441 to 7,969,922,441. This reduction was initiated by CEO Marvin Williams, who voluntarily returned the shares to the company's treasury. Williams stated that this action aligns with recent progress in the company's projects and reflects his commitment to future success with shareholders and the team.
- Reduction of outstanding shares by 550 million, indicating potential for increased shareholder value.
- CEO's commitment to future success and shareholder value.
- None.
Los Angeles, CA, March 02, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- HQ Global Education, Inc. (OTC: HQGE) reported today that the company’s total number of outstanding common shares has been reduced by 550 million shares, from 8,519,922,441 down to 7,969,922,441. This reduction occurred as a result of Marvin Williams, President of HQGE and CEO of its operating subsidiary Big M Entertainment Pictures, voluntarily returning 550 million of his shares to HQGE’s treasury.
Mr. Williams explained, “I had always planned to return a portion of my shares to the company when the time was right and given the recent strides we have made toward moving our projects and agendas forward, this seemed like the perfect time to do it. I’m looking forward to sharing a great deal of future success with our team, our followers and our shareholders.”
ABOUT HQ GLOBAL EDUCATION AND BIG M ENTERTAINMENT PICTURES
HQ Global Education, Inc. is the parent company of Big M Entertainment Pictures, Inc., a full-service film and TV production company located in the heart of Los Angeles. The company was founded by Marvin Williams, who brings with him more than fifteen years’ experience working with music, film and TV projects covering a wide range of budgets and scope. Headed by Mr. Williams and a seasoned team of Hollywood veterans, Big M Entertainment is able to draw on its broad and talented base of writers, producers, directors, editors and technicians to provide complete services and assistance at every phase of film and TV content creation, including concept development, writing, editing, cinematography, visual effects and post-production. The company is also an industry pioneer in the fast-growing fields of online content and micro-budget film creation and is currently engaged in a number of projects being created specifically for concurrent or integrated release both in theaters and for home viewing or on personal devices.
For additional information visit https://hqgeinc.com and/or http://www.bigmentertainment.com.
Safe Harbor Statement: This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934; and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and as such are by definition subject to risks and uncertainties.
Daniel Gallardo Wagner
9495875155
Info@hqgeinc.com
FAQ
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