CW Petroleum Corp (OTCQB: CWPE) Reduces Authorized Shares of Common Stock

Company Overview - CW Petroleum Corp is a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, incorporated in Texas on April 29, 2005, and began operations in 2011 [3] - The company operates as a holding company in Wyoming and supplies biodiesel, biodiesel blends, ultra-low sulfur diesel, gasoline blends, renewable gasoline, and a proprietary EPA-approved reformulated no ethanol gasoline [3] Share Reduction Announcement - The company has reduced its Authorized Shares of Common Stock from 300,000,000 to 150,000,000, representing a 50% reduction [1] - This reduction aims to enhance current and future shareholder value of CWPE stock [2] Strategic Positioning - The company is committed to growing its customer base for renewable and hydrocarbon motor fuels and is positioning itself for long-term public investment [2]