SOURCE: Cogito Media Group

April 27, 2012 08:30 ET

Cogito Media Group, Inc. (Symbol: KRMC.PK) (Formerly Known as Kurrant Mobile Catering, Inc.) Announces 8-K Filing on Reduction of Authorized Common Stock Shares

DENVER, CO--(Marketwire - Apr 27, 2012) - On April 26, 2012, Cogito Media Group, Inc. (PINKSHEETS: KRMC) ("the Company") filed an 8K with the Securities and Exchange Commission disclosing an Amendment to the Company's Articles of Incorporation that reduced its authorized common stock shares from 50 billion shares to 15 billion shares. The Amendment to the Articles of Incorporation had been duly filed with the Colorado Department of State Colorado Secretary of State on January 11, 2012.

CEO Pierre Turgeon said: "We believe that this reduction of authorized capital will attract new funding and demonstrate to potential new investors in the Company that we are serious about managing potential future dilution in our stock and we continue to be steadfastly dedicated to bringing increased value to our shareholders."

Cogito Media Group (CMG) has a diversified and rapidly-expanding portfolio of global content properties with titles that cater to the full spectrum of local, regional and international market demand trends. CMG offers comprehensive international distribution for a diverse and growing portfolio of multilingual print, e-book, audio book and video properties. CMG markets its English titles primarily in the United States, the United Kingdom and Canada. French titles are sold in France, Quebec, and French-speaking European countries, including Belgium, Switzerland and Luxembourg. CMG and its subsidiaries have sold rights to its catalogue in over twenty languages around the world, in markets ranging from China to Brazil.

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