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MBO Holdings (BEMG) Announces Plans for Reducing Outstanding Shares by at Least 75 Percent

1275 Days ago

SUNRISE, Fla., Aug. 07, 2018 (GLOBE NEWSWIRE) --  via OTC PR WIRE -- Beta Music Group Inc. (USOTC PINK: BEMG) through its operating subsidiary Get Credit Healthy (www.getcredithealthy.com) announces it has begun exploring ways to reduce the number of common shares outstanding by at least 75 percent. This would bring the outstanding down from approximately One Billion shares to under Three Hundred Million shares.

Elizabeth Karwowski, CEO, stated "Reducing the outstanding shares by at least 75 percent will bring considerable value to our shareholders. At this time, we will not engage in a reverse stock split to accomplish our goal. As we aggressively expand nationwide and landing large lending institutions as new clients monthly, we want the price of our stock to reflect the rapidly growing value of our company. I look forward to sharing the continuing progress we expect to make soon." 

Get Credit Healthy (GCH) is a trailblazer, forging a new path in the mortgage industry.  GCH will be introducing game changing product/s in the coming months. GCH's proprietary software has been so well received that it is integrating with 7 of the 100 largest lenders in the country.

About BEMG

BEMG, through its operating subsidiary Get Credit Healthy, utilizes its proprietary processes, platform, and software to integrate with lenders to make it easier to recapture leads. Developed for and by those with extensive experience in the mortgage industry, Get Credit Healthy's platform has already facilitated over $200 million in new loan opportunities for its partners.

Get Credit Healthy has showed sustained growth over the past three years and shows no signs of slowing down. Get Credit Healthy is working to increase its network of partners and is looking forward to a very promising future. Please visit the company website at www.betamusicgroup.net.

Safe Harbor Statement

This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain.

For information, please contact:

Elizabeth Karwowski, 

CEO Beta Music Group, Inc. t/b/k as MBO Holdings Corp.
8411 West Oakland Park Blvd.
Suite 202 
Sunrise, FL 33351 
(877)850-3444 Ex 7

Source: Beta Music Group, Inc. t/b/k as MBO Holdings Corp.

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