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Peer-to-Peer Network to Hold Shareholder Vote to Reduce Authorized Shares by 95% – Commits to 5:1 Capital Structure – Authorized/IO
Prism Media Wire· 2025-10-21 13:01
Core Insights - Peer-to-Peer Network (OTC: PTOPD) is holding a shareholder vote on October 27, 2025, to reduce authorized shares by approximately 95%, aimed at enhancing shareholder value and strategic flexibility for future growth and acquisitions [2][5][15] Capital Structure - The company plans to align its authorized share count to a 5:1 ratio of authorized to issued and outstanding shares after the reduction [7] - This reduction is intended to protect shareholder equity and maintain a high-integrity capital structure [11] Strategic Initiatives - Remaining authorized shares will be allocated for strategic initiatives, including future acquisitions, partnerships, and product development, rather than routine operations [11] - The company anticipates minimal operational capital needs over the next six months and plans to limit financing activities [11] Product Development - MobiCard™, the first publicly traded digital business card, is set to launch its 2.0 version in early 2026, featuring enhanced scalability and intelligent networking capabilities [3][11] - The company is also integrating AI solutions through a partnership with Intelligence Labs AI to improve investor relations and data-driven decision-making [4][13] Future Outlook - Peer-to-Peer Network expects to drive meaningful revenue growth in 2026, supported by the launch of AI solutions and ongoing negotiations for a B2B AI solutions reseller agreement [11]