ADM Endeavors, Inc. (OTCQB: ADMQ) Announces the Withdrawal of 40,915,000 Common Shares Over the Next 6 Months, Representing Just Over 25% of Current Outstanding Shares | Business
FORT WORTH, TX – (BUSINESS WIRE) – December 1, 2021–
ADM Endeavors, Inc. (OTCQB: ADMQ) CEO Marc Johnson has pledged to withdraw 40,915,000 million of his own shares over the next 6 months. He will withdraw the first 10 million by December 10, 2021. This process will increase shareholder value. It will also make it possible to free up shares for future acquisitions and to limit the shareholder dilution normally created during an acquisition.
ADMQ actions (Photo: Business Wire)
ADM Endeavors CEO Marc Johnson said, âI want to start the process now before our new facility is ready. We will need to grow our business to take full advantage of what we are building and having those actions available to the business will give us more options to get the job done. I really think these measures will increase shareholder valuation and also reduce the risk of dilution for shareholders. “
About ADMQ: Since 2010, our wholly owned subsidiary, Just Right Products, Inc., has consistently increased sales, with sales exceeding $ 6.44 million for the past 12 months. The company sells “Everything with a Logo” on its website, www.JustRightProducts.com, developing products ranging from unique business cards to coffee mugs, T-shirts to boots, along with tens of thousands more. unique products to choose from. Just Right Products, Inc. operates a diversified integrated vertical business in the Dallas / Fort Worth area, comprising retail division, screen printing production, embroidery production, digital production, wholesale supply to the import and uniforms.
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. All statements which are not historical facts contained in this press release are “forward-looking statements” which involve a number of risks and uncertainties and are made in accordance with the safe harbor provisions of Private Securities Litigation. Reform Act of 1995. Words such as “” strategy “,” expect “,” continue “,” plan “,” anticipate “,” believe “,” would “,” will “,” estimate “,” intends “,” plans “,” objectives “,” targets “and other words with similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. These forward-looking statements are based on current expectations, involve known and unknown risks, reliance on third parties for information, transactions that may be void and other factors that may cause our actual results, performance or achievements, or developments in our industry. , differ materially from the anticipated results, performances or achievements expressed or implied by these forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties associated with fluctuating global economic conditions or economic conditions with respect to the retail industry, the COVID pandemic -19, management performance, actions of government regulators, vendors and suppliers, our cash flow and ability to obtain financing, competition, general economic conditions and other factors which are detailed in our filings with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the safe harbor provisions. We assume no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: ADM Endeavors, Inc. | [email protected] | 817.840.6271
Marc Johnson | CEO | 817.231.8040
KEYWORD: TEXAS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: ENTERTAINMENT SUPPLY CHAIN ââMANAGEMENT SOCIAL MEDIA ONLINE COMMERCE BLOGS FASHION OTHER COMMUNICATIONS EDITION RETAIL MARKETING ADVERTISING COMMUNICATION E-GAMES
SOURCE: ADM Endeavors, Inc.
Copyright Business Wire 2021.
PUB: 12/01/2021 10:33 a.m. / DISC: 12/01/2021 10:33 a.m.
Copyright Business Wire 2021.