Business News
NexxNow, Inc. Restates Reduced Amount of Shares Issued and Outstanding: 12,251,831
2008-08-07 13:00:00
NexxNow, Inc. Restates Reduced Amount of Shares Issued and Outstanding: 12,251,831
BUFFALO, N.Y., Aug. 7 /EMWNews/ -- NexxNow, Inc. (OTC Bulletin Board: NXXN), a sports media and marketing company announced today that it has restated its total shares outstanding to 12,251,831 in addition to 2,250,000 shares that can be issued based upon executive performance. Transactions related to the Company's share exchange agreement and executive employment contract representation caused NexxNow to previously reflect 14,505,941 million shares outstanding. Paul Riley, CEO of NexxNow stated, "We wanted to take this opportunity to inform the investing public of this change."
About NexxNow, Inc. (OTC Bulletin Board: NXXN) NexxNow, Inc. is a diversified Sports Media and Marketing Company that provides technologically powered multi-media ad platforms to National/International Advertisers. NexxNow China, Inc. (Subsidiary) is pursuing the television broadcast of professional sporting events to and from China. Information on the company and a fact sheet can be found on http://www.nexxnow.com. Forward Looking Statement: This release contains 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
CONTACT INFORMATION: Market Vision Consulting, Inc. Robert Gartzman Phone (561) 447-7177
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