Business
Interactive Health Network Announces Cancellation of Additional 600 Million Shares of Common Stock
Interactive Health Network Announces Cancellation of Additional 600 Million Shares of Common Stock.
About this update from Interactive Health Network
[{"type":"text","content":"\n \n \n Interactive Health Network Announces Cancellation of Additional 600 Million Shares of Common Stock\n \n \nInteractive Health Network Announces Cancellation of Additional 600 Million Shares of Common Stock\n \n RENO, NV--(Marketwired - Jun 3, 2014) - Interactive Health Network (OTC Pink: IGRW) (PINKSHEETS: IGRW), a diversified holding company operating in the legal cannabis industry and advanced health supplements markets, today announced that it has completed the cancellation of Six Hundred Million (600,000,000) shares of common stock, which reduces the share structure by more than 10%. This retirement is in addition to retirements previously announced, and these shares have already been returned to treasury. There has now been a total of One Billion Eight Hundred Twenty Five Million (1,825,000,000) shares retired this year, or 35% of total outstanding shares. \n Fred Schiemann, CEO of Interactive Health Network stated, \"The Stock Transfer Agent has notified the Company that they have received and processed the necessary documents required for cancellation and that the common shares have been cancelled. Interactive Health Network continues to be focused on shareholder value and execution to its business plan in the fast growing legal cannabis market.\"\n About Interactive Health Network \n Interactive Health Network is a publicly traded holdings company that manufactures, markets and sells high quality lifestyle products and nutraceuticals; including its wholly owned subsidiary, Cannabis Health Group, which focuses on the medical marijuana and hemp market space. We plan on extending and deepening our product lines to include other progressive market segments through acquisitions. We operate under strict levels of quality and operate with the highest level of integrity in all of our businesses. Interactive Health Network is publically traded on the OTC market under the symbol IGRW.\n About Wellness Builder \n The Company specializes in advances in Supplements for Health, and Anti-Aging with a special interest in Preventative Medicine. The Company was formed to distribute nutraceutical formulas developed over thirty years of research by world renowned team of UCLA scientists. Wellness Builder scientists have created more than a dozen fucoidan-based formulas which are intended to address the needs of indivi...