FIMA Announces Initial Share Retirement Plan of 280 Million Shares
Friday, 13 February 2015 09:30 AM
HOUSTON, TX / ACCESSWIRE / February 13, 2015 / Terry Williams, CEO of Fima, Inc., a Nevada Corporation, (OTC Pink: FIMA) announced today the retirement of 280 million shares of common stock on Feb. 13, 2015, CEO Terry Williams plans to retire additional shares, considering a vast majority of the issued is a restricted control block of common stock. This anticipated retirement to treasury will substantially increase shareholder equity. CEO Williams stated, "I've seen many companies do a reverse split to reduce the number of shares issued. In most cases this never works out for the shareholders. At Fima, we feel by retiring these shares our shareholders gain equity without decreasing the number of shares they are presently holding." Mr. Williams went on to say, "Our shareholders are our first priority. These are very exciting times for Fima Inc. and I want to assure the public that the company and our shareholders are in the best possible position moving."
About Fima Inc.:
Fima, Inc. is a leading lifestyle real estate acquisition, development and consulting firm. We specialize in planning, development, managing and marketing of projects, requiring the highest standards of execution for the most discriminating clients.
Notice Regarding Forward Looking Statements:
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate", "expect", "anticipate", "projected", "planned", "forecasted", and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of FIMA's future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE: Fima, Inc.