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Starfleet Innotech continues restructuring efforts with latest agreement with Main G Consulting
Business
Apr 11 2022
5 min read

Starfleet Innotech continues restructuring efforts with latest agreement with Main G Consulting

Headline: Starfleet Innotech continues restructuring efforts with latest agreement with Main G Consulting


New York, USA, 11 April 2022 — Starfleet Innotech, Inc. (OTC Pink: SFIO) ("SFIO" or “The "Company") announced new updates in its restructuring efforts, beginning with a settlement agreement with Main G Consulting, LLC. (“Main”).

In resolving obligations inherited from previous arrangements by the company’s former owner, SFIO has agreed to issue 25,000,000 shares to Main. This comes with the retirement and cancellation of 25,000,000 restricted common shares held by Hatadi Shapiro Supaat and John Bongiorno.

This agreement provides an immediate resolution and more certainty for the company, by setting a liquidation limit of no more than 125,000 shares per day, beginning May 2022. This limit is set until all remaining shares are no longer available for sale.

“Through all these developments, our mission remains the same—to create opportunities to significantly add value to our shareholders,” said Jeths Lacson, CEO of SFIO. “Our restructuring efforts align us closer to that mission, allowing us to focus on our core business operations and continue building our thriving ecosystem.”


—ENDS—



For media enquiries, please contact:

 

Craymond Yeong, PR & Marketing Specialist

Starfleet Innotech, Inc.

Phone: (+64) 21 0833 2966

Email: info@sfio.co.nz

Twitter: @SFIO_Inc

Facebook: @starfleetinnotech


About Starfleet Innotech, Inc.

Starfleet Innotech, Inc. (OTC: SFIO) is a global investment holding company focused on innovation through disruptive collaborations across its three key industries: Food and Beverage (F&B), Real Estate, and Technology. With a strong presence across New Zealand, Australia, Malaysia, the United Arab Emirates, the United States, and the Philippines, SFIO makes strategic investments in high-growth businesses, building synergies across its diverse portfolio to provide maximum shareholder value.


FORWARD LOOKING STATEMENTS


The statements contained herein may contain certain forward-looking statements relating to Starfleet Innotech, Inc. “Starfleet” that are based on the beliefs of Starfleet as well as assumptions made by and information currently available to Starfleet’s management. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to Starfleet’s business prospects, future developments, trends and conditions in the industry and geographical markets in which Starfleet operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, capital expenditures, overall market trends, risk management and exchange rates.


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