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 companys 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 sameto 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.
https://www.otcmarkets.com/stock/SFIO/news?id=351878