CHEYENNE, WY / ACCESSWIRE / March 3, 2022 / Marketing Worldwide Corporation, (OTC PINK:MWWC), 'the Company', has canceled its plans to execute a forward split.
Marketing Worldwide Corporation ('MWWC'), amid negative feedback from its shareholders has decided to cancel the planned forward split and expand its stock buy-back program in order to reward its Shareholders.
As previously announced, a unique buy-back feature attached to the $MNS token will allow the Company to purchase $MWWC stock in the open market and return it to the Company treasury. In an aggressive effort to further build and strengthen Marketing Worldwide stock, the Company has decided to explore #NaaS (Nodes As A Service) and invest in multiple platforms; such as, #PowerNode (https://powernode.io/) and #ThorNodes (https://www.thor.financial/) which could provide a significant passive income each month. This would allow $MWWC an opportunity to add tremendous value to the buy-back pool in a short period of time.
"By combining the $MNS #Minosis buy-back feature, and the #NaaS passive income investments to the stock purchase pool; we can rapidly increase our stock buy-back power. We also expect the #Minosis token will evolve into a usable currency on some other platforms we are currently testing, which could equate to expanded acquisitions and other product incubation in the near term" Jason Schlenk CEO.
Forward Looking Statements:
This press release contains forward-looking statements. The words 'believe,' 'may,' 'estimate,' 'continue,' 'anticipate,' 'intend,' 'should,' 'plan,' 'could,' 'target,' 'potential,' 'is likely,' 'will,' 'expect' and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
SOURCE: Marketing Worldwide Corporation
View source version on accesswire.com: