Enhances Net Stock Holder Equity
IRVINE, CA / CRWEPRESSRELEASE / July 29, 2015 / My Social Income, Inc. (“MSOA”) (OTCMKTS: MSOA) CEO, Colleen Schmidt, is pleased to announce that the Company will provide Corporate Advisory Services to micro-cap companies who need help with insulating their stockholders, consolidating their debt, meeting their financial needs and plotting a course for business development.
These services include the following:
- Merchant banking services for small and mid-cap companies, private or public
- Crisis management and turnaround consulting
- Corporate Restructuring and Debt Consolidation Services
- Forward Acquisitions and Corporate Documentation Services
- Formation of business Development Companies (BDC), with continuous monitoring of compliance, under the 1940 Act
For these services MSOA will tap its own advisory team and professional consultants who have the proven innovative knowledge, skills, and contacts through many years of successful experience in negotiating, structuring, and executing multiple unique transactions.
Colleen Schmidt, CEO, states, “My Social Income, Inc. is currently negotiating to acquire several profitable enterprises as wholly owned subsidiaries, for Convertible Preferred Stock to meet the $4,000,000 shareholder equity threshold to qualify for a listing on a NYSE MKT. We also intend to become more transparent as an issuer, MSOA will pursue a look-back audit of its financial statements through a PCAOB Accounting Firm and will look to follow-up S1 filing soon thereafter. Much more information will be forthcoming on these companies as the Company moves to closure on each of these agreements.”
She further states, “Launching our Corporate Advisory Services Division is an important step in becoming a Business Development Corporation. Our business objectives are to buy and acquire private/public assets and companies, help companies meet their financial needs to bring their products to market, and provide consulting services for restricted convertible preferred stock in other public companies. In order to build our Net Stock Holders Equity, quarter to quarter, we need to be actively involved in enhancing these opportunities, so that our stockholders see real value in the convertible preferred securities that house these initiatives.”
ABOUT MY SOCIAL INCOME, INC.
MSOA offers a wide array of communication services and specializes in tailoring these services to create Value Networks for its customers that can be extended to large groups of members, sales affiliates or other interested parties. The value of the network is its furnishing of free unlimited, in-network services to all network members; low-cost local and long distance calling; access to numbers outside the network for all members; high-value custom calling services to all members including voice messaging, email services, conferencing services, fax via email, automated attendant and advanced call processing to all members. It also includes customized small business services to any corporate sites, and custom VIP consulting services to all company principals and key personnel.
Safe Harbor Statement
This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
For more information please contact:
SOURCE: My Social Income, Inc.