Mondial Ventures, Inc. Completes Its Preparation For Their Pink Sheet Current Listing With OTC Markets

Rhea-AI Summary

Mondial Ventures, Inc. (OTC PINK: MNVN) has completed its preparations for an up-listing to pink sheet current status with OTC Markets. The company has finalized all necessary documentation and paid fees required for the process. On June 10, 2021, Mondial secured a judicial victory against AlphaRidge Capital LLC, preventing an attempted takeover. The company is also exploring potential merger and acquisition opportunities and plans to update shareholders post-up-listing confirmation, emphasizing its ongoing focus on oil and gas asset acquisition.

Positive

• Completion of preparations for OTC Pink Current listing.
• Judicial victory against AlphaRidge Capital, enabling ongoing strategic plans.
• Exploring merger and acquisition opportunities.

Negative

• None.

SCOTTSDALE, Ariz., June 30, 2021 /PRNewswire/ -- Mondial Ventures, Inc. (OTC PINK: MNVN) (the "Company") is pleased to announce they have completed all preparations of its filing for their current up-listing to pink sheet current with OTC Markets.

All documentation including financial statements and the required legal opinion are completed, and all fees have been paid in accordance with OTC Markets procedures. Upon allowance by the OTCIQ system, the filing shall immediately be uploaded for its anticipated up-listing approval.

The Company has also recently updated its corporate profile on the OTCIQ system and has received its transfer agent verification.

On June 10, 2021, the Company won a judicial verdict and successfully defeated AlphaRidge Capital LLC on their failed attempt to take over custodianship of Mondial Ventures Inc. in Clark County, Nevada. The judicial victory based on Mondial's merits, paved the way for the Company to facilitate an already existing plan that has been ongoing since the beginning of 2021.

The Company is currently in discussions with potential merger/acquisition candidates and plans to update shareholders on its progress once the diversified holding company receives confirmation of their anticipated up-listing as an OTC Pink Current company.

About Mondial Ventures Inc.

Mondial Ventures, Inc. is historically engaged in the acquisition of Oil and Gas properties and assets that can be developed into revenue producing assets. The Company has put an emphasis on acquiring existing Oil fields with proven reserves or by the rehabilitation of oilfields with potentially high throughput. However, reserve the right to look at all business prospects and opportunities that may bring existing operations, revenues streams and potential assets to the Company.

Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Mondial Ventures Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Mondial Ventures Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Mondial Ventures Inc.'s filings with OTC Markets and the Securities and Exchange Commission.

Public Relations and Shareholder Information
Infinity Global Consulting Group, Inc.
Joseph M. Vazquez III 
Tel: (888) 288-2320
Email: infinityglobalconsulting@gmail.com

 

 

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SOURCE Mondial Ventures Inc.

FAQ

What does the up-listing to pink sheet current mean for MNVN?

The up-listing to pink sheet current signifies that Mondial Ventures, Inc. has met the requirements set forth by OTC Markets, potentially increasing visibility and trading activity.

When did Mondial Ventures defeat AlphaRidge Capital?

Mondial Ventures defeated AlphaRidge Capital on June 10, 2021, securing a judicial verdict that protects the company from a takeover attempt.

What are Mondial Ventures' plans after the expected up-listing?

After the anticipated up-listing, Mondial Ventures plans to update shareholders regarding discussions with merger and acquisition candidates.

What type of assets does Mondial Ventures focus on acquiring?

Mondial Ventures focuses on acquiring oil and gas properties, particularly those with proven reserves or potential for rehabilitation and high throughput.

What does it mean that MNVN is currently engaged in discussions with acquisition candidates?

This indicates that Mondial Ventures is actively seeking to expand its operations and revenue streams through potential mergers or acquisitions.