Baroma, Inc. Notice of Material Change Management - Ownership and Proposed Reverse Split

POMPANO BEACH, FL / ACCESSWIRE / November 19, 2015 / Baroma, Inc. (BRMA) Board of Directors announces that on November 17, 2015 a company shareholders meeting was held with shareholders holding in excess of 75% of the issued and outstanding shares of the company were present. The shareholders elected the company's founder, Thomas E Terwilliger, as the company's sole director. The shareholders also approved the following: a) creation of a new technology division with authorization to negotiate acquisition of certain right to use licenses; b) exchange of all the company's (ACO) Accountable Care Organization business activities, related subsidiaries, divisions and ACO interests for cancellation of approximately $4 Million of company debt.

In a separate transaction November 17, 2015, post shareholder meeting, approximately 72% or 216,000,000 of the company's approximate 302,500,000 issued and outstanding common shares were transferred from Scomarric Holdings, LLC and Sosender Holdings, LLC to a group represented by Thomas E. Terwilliger.

On November 17, 2015, following the shareholder meeting a special call Board of Directors meeting was held by the company’s sole director. The Board accepted the resignations of Scott Backer, Marisela Rodriguez and Ricardo Matos as officers and directors of Baroma, Inc and all related entities and subsidiaries. The Board nominated and approved Thomas E. Terwilliger as CEO of the company. The Board approved a resolution to call a special shareholder meeting and to recommend to the shareholders 1) a change in CUSIP, trading symbol and name of the company to GooGreeen, Inc.; and 2) to recommend to the shareholders a reverse split of the company's shares not to exceed 800:1, as determined by the shareholders, with fractional shares being rounded up to the next whole number and the record date of the action to be within 120 of shareholder approval as set by the company's CEO, the special call shareholder meeting to be held at 3160 NW 1st Avenue, Pompano Beach, Florida on November 30, 2015 at 10:00 AM EDT.

About Baroma, Inc.

Since its inception Baroma, Inc. has been in the business of health and health related activities. The company continues to believe in "Healthy Living Through Technology." The company's new technology division is poised to acquire certain "right to use" licenses to pursue stabilization of organic compounds resulting in longer shelf life for a multitude of consumer consumables. The company's president, Thomas E. Terwilliger has already been issued a variety of US Patents. Through his leadership it is envisioned the company will engage in joint ventures with patent holders and emerging patent inventors for market share in existing and new consumer products.

SAFE HARBOR

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Baroma, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Ludwig Enterprises, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.

CONTACT:

Baroma, Inc.
Thomas E. Terwilliger, president
954-908-3366
HQ@GoooGreen.com

SOURCE: Baroma, Inc.