SNM Global Holdings Announces A 1 Billion Reduction In Authorized Shares


MIAMI BEACH, Fla., Oct. 27, 2017 (GLOBE NEWSWIRE) -- SNM Global Holdings (OTC:SNMN), a media/entertainment company would like to announce they have officially reduced the authorized share structure one billion shares as of Thursday, October 26, 2017.

"In a continuing effort to show our shareholders that we are committed to an efficient and attractive share structure, we have reduced our authorized shares by 25%. We are also proceeding forward to eliminate shares we deem invalid already established in the share structure," stated SNM CEO Troy Lowman, "we want to emphasize our goal to only dilute when it is absolutely in the best interest of the company in acquiring assets."

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