Business
Alaska Pacific Energy Corp Announces That It Will Decrease Its Authorized Capital From 15 Billion Down To 7.5 Billion Shares.
Alaska Pacific Energy Corp Announces That It Will Decrease Its Authorized Capital From 15 Billion Down To 7.5 Billion Shares..
About this update from Alaska Pacific Energy Corp.
[{"type":"text","content":"\n \n Normal\n 0\n \n \n \n \n false\n false\n false\n \n EN-US\n X-NONE\n X-NONE\n \n \n \n \n \n \n \n \n \n \n \n \n \n MicrosoftInternetExplorer4\n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nAlaska Pacific Energy Corp Announces\nThat It Will Decrease Its Authorized Capital From 15 Billion Down To 7.5\nBillion Shares.\n\nMay 19, 2017\n\nOTC Disclosure & News Service\n\nAlaska Pacific Energy Corp Announces\nThat It Will Decrease Its Authorized Capital From 15 Billion Down To 7.5\nBillion Shares.\n\n\n\n\n\nMay\n19, 2017\n\n \n\nDEL RAY BEACH, Fl., May. 19,\n2017\n\n\n\n\n\nDEL RAY BEACH, Fl., May. 19,\n2017 /RSS FEED -- Alaska Pacific Energy Corp. (OTC PINK: ASKE) is pleased\nto announce that it will decrease its authorized capital from 15 billion\nto 7.5 billion shares. Additionally aside from the corporate resolution from\nmanagement to lower the authorized capital, the updates will be posted on OTC Markets\nso that the company is fully transparent in announcing the reduction. The\ncompany believes that a decrease in the authorized capital is just the\nbeginning of a stated objective of increasing shareholder equity.\n\nFurthermore Alaska Pacific\nEnergy Corp anticipates making some structural changes to management. Aside\nfrom the changes in capital formation, starting with the decrease in the\nauthorized capital, Company President Dominick Falso, is expected to announce\nhis resignation within the next few weeks. The Company is currently reviewing a\nshort list of replacement candidates more suited to the new objectives &\nagenda of Alaska Pacific Energy Corp moving forward.\n\nThe company will release more\nnews and updates in the coming days and weeks as it directly relates to these\naforementioned developments and all such events related to the operations\nof Alaska Pacific Energy Corp.\n\n\n\n\n\nFORWARD-LOOKING INFORMATION\n\nSafe Harbor Statement:\n\n\n\n\n\nThis release may include\n\"forward looking statements\" within the meaning of Section 27 A of\nthe Securities Act 1933 as amended, and Section 21 E and/or 27 E of the\nSecurities Exchange Act of 1934, that are based on assumptions that in the\nfuture are inherently uncertain, may prove not to be accurate, and are subject\nto significant risks and uncertainties. These include, but are not limited to\nstatements as to the...