25,000 PFD Stock returned and to be used for future product acquisitions
(OTC-PINK MGON) Megola, Inc. (“MGON”, “Company”), a Consortium Group of Health Technologies and Eco-Friendly Product Lines has received 25,000 of PFD D shares back from GS Capital Blends LLC to be used for future product line acquisitions.
“As a large shareholder of Preferred stock in Megola Inc, GS Capital Blends understands the need to keep the companies stock issuances at acceptable valuation levels but more importantly understands management’s drive to increase shareholder value through product acquisitions. These shares will go to the next acquisition of product lines and thus not increase the overall stock structure of the company as it currently sits today,” states Megola CEO Robert Gardiner.
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Attn: John MacLeod
The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding MGON’s plans, objectives, future opportunities for MGON’s services, future financial performance and operating results and any other statements regarding MGON’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond MGON’s control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business, with key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; and, anti-takeover measures in our charter documents. Any forward-looking statement is made only as of the date of which such statement is made. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.