SOURCE: Microholdings US

September 13, 2010 12:19 ET

Microholdings US, Inc., a Publicly Traded Pink-Sheet Company, Announced Today That It Has Reduced the Authorized Shares of the Company

VANCOUVER, WA and PORTLAND, OR--(Marketwire - September 13, 2010) -  Microholdings US (PINKSHEETS: MCHU) announced today that it has updated its company information on PinkSheet.com and has reduced the authorized share of the company from the reported 8,000,000,000 to 1,900,000,000. The current outstanding and public float can be found on PinkSheets.com.

James Wheeler, Chairman & CEO, stated: "We are currently restructuring Microholdings US to position the company for new mergers and/or acquisitions." Wheeler continues: "A new web-site is being developed and we are looking forward to getting MCHU back on track for our shareholders and investors." For more information on Microholdings US contact investor@microholingsus.com. In addition updated financial statements will be submitted to PinkSheets within the next few weeks. 

About Microholdings US:
MICROHOLDINGS US, INC. IS INCORPORATED IN THE STATE OF OKLAHOMA AND HAS BEEN IN OPERATION SINCE OCTOBER 1998. IT IS CURRENTLY A PUBLICLY TRADED COMPANY, TRADING ON THE PINK-SHEET UNDER THE SYMBOL: MCHU.PK. 

Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of MCHU officials are "Forward-Looking Statements": within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.

Contact Information

  • Contact Information:
    Microholdings US, Vancouver, WA
    James Wheeler
    Chairman & CEO
    E-mail: Email Contact