US National Telecom Announces Common Stock Share Structure
20 Mars 2012 - 2:37PM
Marketwired
US National Telecom, Inc. (PINKSHEETS: USNL) announces that it has
officially restructured its authorized common stock. The Company
has reduced its authorized common stock from forty billion
authorized to five billion authorized.
The current capitalization of US National Telecom, Inc is as
follows: As of March 19, 2012 there are currently 3,475,250,391
shares issued and outstanding of which 3,000,210,033 are restricted
and will not be made free trading.
CEO Rebecca Guthrie stated, "I am happy with the reduction in
authorized common stock, any time you can reduce the amount of
stock that can enter the market in the future is a positive for the
company and its shareholders. We look forward to continuing our
plans in the real estate sector."
US National Telecom, through its subsidiary Florida Bay
Investments, Inc., plans to invest in cash flow properties in
multiple real estate markets throughout Florida. The markets that
have been targeted include Gainesville, Tampa, St. Petersburg,
Orlando, and Jacksonville, Florida. Further acquisitions in Miami,
Ft. Lauderdale, and Palm Beach, Florida are also being considered
in the due diligence currently underway.
US National Telecom is a Florida based company. It is a
development stage company looking to acquire real estate interests
that offer positive cash flow returns. It has a website:
www.usnationaltelecominc.com
For further information please contact Rebecca Guthrie 786 202
1023 Email Contact
US National Telecom (CE) (USOTC:USNL)
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