Quantum International Corp. (QUAN) Decreases Outstanding Shares
Denver, Colorado–(Newsfile Corp. – April 11, 2022) – Quantum International Corp. (OTC Pink: QUAN), today announced the cancelation of 22,214,109 common shares, reducing the total number of issued and outstanding common shares.
The District Court, 334th Judicial Court of Harris County Texas, has issued an order in Case # 2020-79962 canceling a number of common shares of Quantum International Corp., held by Sawyard Investment, SP.Z0.o who failed to respond to depositions, subpoenas, and did not attend the court proceedings. After a hearing on the motion held on March 18, 2022, the Court ordered the cancelation of 22,214,109 common shares. Quantum International Corp. (Quan) now has a total of 24,190,454 common shares issued and outstanding.
The information on the cancelation has been processed by the Company’s transfer agent and will be reflected in the Company’s records, and in the Q1 with OTC Markets.
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Statements in this press release that are not historical fact may be deemed 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. Although Quantum International Corp believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Quantum International Corp is unable to give any assurance that its expectations will be attained. Factors or events that could cause our actual results to differ may emerge, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Justin Waiau
quantumintlcorp@gmail.com
To view the source version of this press release, please visit http://www.newsfilecorp.com/release/119988
