Welcome to our dedicated page for MESSABEN news (Ticker: MSBN), a resource for investors and traders seeking the latest updates and insights on MESSABEN stock.
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Messaben Corp (OTC PINK: MSBN) recently announced significant organizational changes aimed at enhancing its operations following recent acquisitions. A shareholder vote initiated these changes in Q2 2023, leading to a decentralization of operations and a change in executive leadership. The new shareholding structure shows Khalil Ouar increasing his ownership from approximately 45.4% to 58.0%, while Rami Bakir's shares decrease from 28.7% to 24.9%. Similarly, Amal Babetty's stake has dropped from 20.7% to 9.2%. The company also revealed that it holds 531,675,113 common shares and 47,000,000 Series B preferred shares. Looking ahead, Messaben is excited about its patented water treatment and clean energy technologies, with pilot programs planned for major national oil companies in the Middle East.
Messaben Corp. (OTC PINK:MSBN) has announced a strategic acquisition of THEMARK CORPORATION LLC and its subsidiary RECYCLEAN CONSULTANCY SERVICES INC, enhancing its capabilities in water reuse solutions. This acquisition aims to mitigate untreated effluent discharge and GHG emissions. The company also opened three new satellite offices in Dubai, New York, and Charlottetown. Messaben is seeking a headquarters in Houston, TX, to strengthen its position in the North American produced water management market, projected at over $53 billion annually.
Messaben Corp (OTC:MSBN) will present at the Planet MicroCap Showcase 2022 on May 4, 2022, at 12:00 PM EST in Las Vegas. CEO Rami Bakir will lead the presentation, addressing investor questions and conducting 1-on-1 meetings. Interested participants can access the live presentation via a webcast link. Registration is required for 1-on-1 meetings. Messaben specializes in water treatment solutions for geothermal and oil & gas industries, focusing on sustainability and water reuse.
Messaben Corp. (OTC PINK:MSBN) has announced a trading symbol change from China Electronics Holdings, Inc. to MSBN as of April 27, 2022. This change, sanctioned by the Financial Industry Regulatory Authority (FINRA), aligns with the company's shift towards sustainable technologies in the energy sector. Current shareholders do not need to take any action, and the common stock will continue to be listed on OTC Markets. Messaben is focused on water sustainability and treatment solutions, aiming to address global water scarcity and improve environmental well-being.
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