06/12/2018 18:39:15

Altavoz Entertainment, Inc. Shareholder Update

ROCKVILLE, Md., Dec. 06, 2018 (GLOBE NEWSWIRE) -- via NetworkWire -- Altavoz Entertainment, Inc. (OTC: AVOZ) (the “Company”) has signed a memorandum of understanding (MOU) with Nurish.Me, LLC for a merger of the companies.  Under the terms of the merger, Altavoz will issue preferred shares to the holders of Nurish.Me’s interests.

Upon completion of the merger, Altavoz’s current business, along with its debt, will be spun out to become a private company owned and controlled by the Company’s founder, Nelson Jacobsen.  A copy of the MOU is attached. In contemplation of this change in business direction, the Company’s current board and CEO have resigned and have been replaced by interim management. 

Nurish.Me is an evidenced-based, science-driven, and consumer-focused company founded by entrepreneurs, innovators, and scientists on a mission to improve people’s health with effective dietary supplements. The overarching mission of Nurish.Me is to lead a necessary paradigm shift in the dietary supplement industry by only marketing products that have been clinically tested, are formulated with proprietary technology to achieve the highest levels of efficacy, and provide the best value.

The merger with Nurish.Me and spin out of its existing business and debt will greatly improve the Company’s balance sheet and capitalization table.  Once completed, the Company intends to take the steps necessary to become a fully reporting, reorganized, and up-listed public company.

Forward-Looking Statements

This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including "could," "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions, or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company's reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.

Altavoz Entertainment, Inc.

info@altavoz.com 

An attachment accompanying this release is available at https://resource.globenewswire.com/Resource/Download/1c600adb-62f6-43a6-a1ab-16181e95bc7c

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
11 Dec
 
mne: Short - når det lykkedes!    Forbyd short totalt. - Det er kursmanipulatorernes og finansforbr..
67
10 Dec
VELO
Når man følger Veloxis-debatten, og det hr jeg gjort i mange, mange år - også da den hed LCP, så går..
31
08 Dec
VELO
Havde igår en lang snak med min kapitalforvalter emnet - hvordan er det gået Hr og Fru Danmark's por..
27
13 Dec
PNDORA
"Carnegie bestemmer pandoras aktiekurs, basta!!Sådan udtaler en chefanalytiker sig.Carnegie har samm..
25
12 Dec
PNDORA
Stornedtur: Din profil er da lige oprettet for 6 dage siden 😎 er du en troll/bandit 😂 Stornedtur A..
22
13 Dec
DANSKE
CBS undersøgte muligheden for at droppe Danske Bank helt: Vi skal fare med lempe Kilde: https://fina..
16
12 Dec
VWS
Vestas opruster i teknologisk kapløb om fremtidens vindmølle. Vestas skruer op for investeringer i n..
16
10 Dec
 
Klart, klart... et firma, der reklamerer må være desperat. Personligt synes jeg ikke Pandora har n..
16
13 Dec
PNDORA
Din skrivelse er intet andet end en omgang sludder. Det rene nonsens. Det er simpelthen ubegribelig..
15
12 Dec
VELO
  Der er som jeg ser det, kun et forhold, som kan sænke kursen betydeligt, og det er en yderligere u..
15

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

Related news
21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Megaputer Adds Support for a 16th Language in its Advanced Text Analysis Software
2
Teligent, Inc. Executes $120 Million Financing Agreement
3
LGI Homes Opens Three New Communities in Greater Raleigh
4
The Jewelry Exchange launches TrueRadiant™ line of Lab Grown Jewelry at $499 per carat
5
Bragar Eagel & Squire, P.C. is Investigating Yangtze River Port and Logistics Limited (YRIV) on Behalf of Stockholders and Encourages YRIV Investors to Contact the Firm

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Berlingske Media 2018  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
14 December 2018 13:18:07
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20181207.1 - EUROWEB2 - 2018-12-14 14:18:07 - 2018-12-14 13:18:07 - 1000 - Website: OKAY