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TRUSTFEED CORP. (OTC:TRFE) ANNOUNCES PLANS TO REDUCE AUTHORIZED SHARES
Business
Oct 28 2022
3 min read

TRUSTFEED CORP. (OTC:TRFE) ANNOUNCES PLANS TO REDUCE AUTHORIZED SHARES

Trustfeed CORP (OTC:TRFE) is happy to inform shareholders that the board have decided to reduce the current Authorized Share count, which presently is at 1 billion shares. 


Trustfeed Corp understands the value of reducing authorized share counts to increase shareholder value and to make the company more attractive for long term viability.


Mr. Refer, CEO: “This is a significant reduction that puts the company’s share structure more in line with our goals. Market trust is not easily built, but can be easily broken, we have plans for long term growth, and to bring shareholder value. We believe this is just one of many steps in our endeavor moving forward, and we continue to work diligently to forge a better future for our shareholders.


This Authorized Share Reduction is a big move towards showcasing the company’s commitment to increased shareholder value and transparency. Trustfeed is excited to bring the Authorized Share structure down to a level that the company feels is more attractive to investors. The company will continue to update shareholders via news and filings.


Trustfeed Corp. majority shareholder is Fastbase Inc (OTC:FBSE)


About Trustfeed Corp.

Trustfeed.com offers not only consumers the opportunity to write their opinion but also companies a way of driving business by managing their profiles and interacting with consumers online reviews. Trustfeed was founded in 2021 to revolutionize the company data and product review world with a trusted platform of reviews and company profiles. The company provides trusted company and product information with state-of-the-art crawler technology. Machine learning and artificial intelligence tools help analyze data to ensure a high certainty of trustworthy information.


Trustfeed enables businesses to create brand awareness, product endorsement and anticipate a feedback loop for product improvement. Those businesses can engage with their customers encouraging positive feedback and manage their online reputation with Trustfeed’s online portal. Consumer review is becoming a science. According to Brightlocal’s 2022 Local Consumer review Survey, at least 40 reviews are needed before consumers put trust in overall ratings. Trustfeed helps increase review frequency developing greater trust between consumer and online retailer.


Safe Harbor Statement
This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets, and the demand for products. Forward-looking statements are no guarantee of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company assumes no duty to update its forward-looking statements.


Trustfeed Corp.
140 Broadway, 46th Floor
10005 New York, United States


CONTACT:
RL@trustfeed.com
https://www.trustfeed.com/
Twitter: @TrustfeedC