Gawk Incorporated Retires 150 Million Common Shares
10 Março 2014 - 8:15AM
Marketwired
Gawk Incorporated Retires 150 Million Common Shares
LOS ANGELES, CA--(Marketwired - Mar 10, 2014) - Gawk
Incorporated (OTCQB: GAWK) announced today that it has retired
150,000,000 shares of Common Stock in exchange for issuing 1,000
shares of the Company's Series A Preferred Stock. The 150,000,000
common shares that have been retired represent approximately 50% of
the Company's ownership.
"This is a significant step in the growth and expansion of our
Company. We are positioning Gawk to exceed our global expectations
while simultaneously enhancing the value of our shareholder
interest. In addition to our North American business strategy, we
are focusing our efforts to capitalize on the Latin American
market, recognized as the fastest growing internet market in the
world, "stated Mars Callahan, CEO of Gawk Incorporated.
About Gawk Incorporated Gawk Incorporated is a world innovator
of self-service global digital distribution. Designed to meet the
needs of modern consumers, Gawk has the unique and defining
capability to stream all forms of digital media, including but not
limited to, movies, documentaries, TV shows, music videos, vlogs,
digital books, digital shorts, social networking videos and video
game entertainment. Gawk provides an innovative platform and
interactive social network for artists to capitalize on their
creativity through the Gawk self-service model of Post, Price and
Promote. Gawk's multifaceted strategic approach generates ongoing
and long term revenue opportunities through independent content
publishing, creative entertainment viewing, product integration,
sponsorship and advertising. For more information, please visit
http://www.gawkinc.com
Forward-Looking Statements -- This press release contains
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Such statements are subject to risks and uncertainties that could
cause future results to differ materially from the forward-looking
statements. You should consider these factors in evaluating the
statements herein, and not rely on such statements. The
forward-looking statements in this release are made as of the date
hereof and Gawk Incorporated undertakes no obligation to update
such statements.
CONTACT: Gawk Incorporated 888-754-6190
Gawk (CE) (USOTC:GAWK)
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