Hemp Technology Inc. Announces Name Change to "RCMW Group, Inc.", Stock Symbol Change and Reverse Stock Split
24 Febbraio 2021 - 5:49PM
InvestorsHub NewsWire
Hemp Technology Inc. Announces Name Change to “RCMW
Group, Inc.”, Stock Symbol Change and Reverse Stock
Split
Cheyenne, WY -- February 24, 2021 -- InvestorsHub
NewsWire -- Hemp Technology
Inc. (HPTY:
OTCPINK), (“HPTYD” “RCMW” effective March 24, 2021), a
vertically integrated, publicly traded holding company is pleased
to announce that the Company has changed its name to “RCMW Group,
Inc.” effective immediately. In addition, the company
will change its stock symbol on OTC Markets to “RCMW” effective
March 24, 2021. Until March 24, 2021, the Company’s
stock symbol will be “HPTYD” which indicates the upcoming symbol
change. Effective February 24, 2021, the Company’s shares have been
reversed at a ratio of 1-for-4500, at which time the company’s
common stock will trade thereafter on a post-split adjusted
basis.
“We are very pleased to have successfully
re-structured our corporate capitalization. We believe this will
allow us better access to capital to fund our continued growth and
acquisition opportunities” said Michael Shenher, Chairman and
CEO.
“Completing these corporate actions enable us to
strengthen the brand of our company and put the stock in a better
position to attract the investment from the capital markets” stated
Chad Costa, President.
About RCMW
Group.
RCMW Group Inc. is a vertically integrated, publicly
traded holdings company, RCMW Group Inc, (HPTY:OTCPK)
operates and intends to further obtain a diversified portfolio of
subsidiary companies. Focusing on a variety of assets, products,
and ancillary offerings in the natural pet health supplements, vape
manufacturing, nutraceuticals, hemp and related industries, RCMW's
fluid business model is positioned to capitalize on, and quickly
adapt to, changing market
conditions.
The Company is continually seeking growth
opportunities and strategic acquisitions that support its
strategically vertically integrated business model and maintain
alignment with the dynamic industry
environment. RCMW Group has
employees, operations, and subsidiaries in the hemp, and ancillary
product industry in Canada, the U.S. and Europe. The company has
broad experience with manufacturing, supply chain networks and
distribution frameworks in hemp and related product supply, and
accessory supply.
RCMW Group is comprised of a highly experienced
executive team with decades of combined business experience. With
expertise spanning strategy, branding, business and product
development, revenue generation, finance, and corporate governance,
with demonstrated success launching profitable start-ups and
shaping emerging
markets.
The information contained herein contains
“forward-looking statements” within the meaning of applicable
securities legislation. Forward-looking statements relate to
information that is based on assumptions of management, forecasts
of future results, and estimates of amounts not yet determinable.
Any statements that express predictions, expectations, beliefs,
plans, projections, objectives, assumptions or future events or
performance are not statements of historical fact and may be
“forward-looking statements.” Forward-looking statements are
subject to a variety of risks and uncertainties that could cause
actual events or results to differ from those reflected in the
forward-looking statements. Investors are cautioned against
attributing undue certainty to forward-looking statements. These
forward-looking statements are made as of the date hereof, and the
Company does not assume any obligation to update or revise them to
reflect new events or circumstances. Actual events or results could
differ materially from the Company’s expectations or
projections.
###
For more information, please
contact:
Inquiries and Investor
Relations
1.437.230.7399
ir@rcmw.com
Grafico Azioni RCMW (CE) (USOTC:RCMW)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni RCMW (CE) (USOTC:RCMW)
Storico
Da Giu 2023 a Giu 2024