OTCfi ecosystem
Search documents
Metavesco Reduces Authorized Shares by 7.5 Billion
Prnewswire· 2025-12-01 11:58
Core Viewpoint - Metavesco, Inc. has approved a significant reduction in its authorized shares from 15 billion to 7.5 billion, reflecting a commitment to disciplined governance and long-term shareholder alignment [1][2][3]. Group 1: Share Reduction Details - The reduction in authorized shares is a response to the company's decision to abandon a large acquisition, making the previously authorized shares unnecessary [3]. - The company’s stock has increased over 100% since the last forward split, indicating positive market performance [3]. - The reduction will be filed with the State of Nevada and will be reflected in the company's corporate records [3]. Group 2: Strategic Direction and Developments - Metavesco is focused on the development of the OTCfi ecosystem and the upcoming launch of the ACCESS platform, which aims to enhance communication, data, and liquidity for OTC issuers [4]. - The CEO expressed confidence in the company's vision and commitment to protecting shareholder value through this share reduction [5]. - A presentation highlighting the OTCfi ACCESS opportunity suggests a potential valuation of $1.08 billion [5]. Group 3: Company Overview - Metavesco is a diversified holding company that manages assets across various sectors, including consumer packaged goods and staffing services, with a focus on long-term growth through strategic acquisitions and market solutions [7].
Metavesco Quarterly Net Income Soars to $1.78 Million on Crypto Gains
Prnewswire· 2025-11-18 12:30
Core Insights - Metavesco, Inc. reported significant revenue growth for the fiscal quarter ending September 30, 2025, indicating a strong upward trend in its financial performance [1] - The company achieved a positive stockholders' equity for the first time, reflecting improved financial health and stability [1] - Strong performance was noted in its digital asset operations, contributing to the overall positive results [1] Financial Performance - The fiscal quarter ended September 30, 2025, showcased transformative revenue growth, although specific figures were not disclosed in the announcement [1] - The transition to positive stockholders' equity marks a significant milestone for the company, suggesting effective management and operational improvements [1] Digital Asset Operations - The company highlighted robust performance in its digital asset operations, which played a crucial role in driving overall financial success [1]