PORT ST. LUCIE, Fla., Oct. 22, 2020 /PRNewswire/ -- Jeff Wildermuth, CEO of 4Cable TV International, Inc. (OTC PINK: CATV) announced today that the Company has no plans to reverse its stock. This announcement is in response to the several inquiries that he has received regarding this issue.
It has come to the Company's attention that a Twitter account exists seemingly in the Company's name, and is posing as the Company. This account is fraudulent and Twitter has been contacted to take the necessary steps to correct this issue. The Company does not have an official Twitter account at this time. If and when an official Twitter account is created for the Company, it will be announced in an official press release. The Company plans to release material information only through official press releases at this time.
The Company is also still exploring a forward acquisition of a Medical Marijuana and Hemp Company. As was recently announced, Company is still considering two different CBD companies and expects to make its final decision in the upcoming weeks.
The Company is working on preparing and posting its updated financials and disclosure documents. CEO Jeff Wildermuth indicated this is one of the first steps necessary to become a business development company.
The company will release more news and updates in the coming days and weeks regarding its expected upcoming acquisitions and developments.
Safe Harbor Statement:
This release may include "forward looking statements" within the meaning of Section 27 A of the Securities Act 1933 as amended, and Section 21 E and/or 27 E of the Securities Exchange Act of 1934, that are based on assumptions that in the future are inherently uncertain, may prove not to be accurate, and are subject to significant risks and uncertainties. These include, but are not limited to statements as to the future performance of the company, its ability to raise necessary financing, and other general economic risks and uncertainties.
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The above news release has been provided by the above company.
Jeff Wildermuth, CEO
4Cable TV International, Inc.
+1 (772) 206-0353
SOURCE 4Cable TV International, Inc.