SOURCE: SW Innovative Holdings, Inc.

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November 10, 2015 12:00 ET

SW Innovative Holdings, Inc. Announces Reduction in the Number of Shares Authorized

HOUSTON, TX--(Marketwired - November 10, 2015) - SW Innovative Holdings, Inc. (OTC PINK: SWHI), a provider of prepaid telephone services, announced today it will reduce its authorized number of shares by three (3) billion shares

Norman George President said that, "At the next meeting of the board of directors a resolution will be introduced to reduce the number of authorized common shares by three (3) billion. The company would like to thank its shareholders for their continued support as we approach what we feel is going to be a very exciting 2016."

Norman George President also said that, "The company would like to reiterate the fact that we have not issued any new convertible or toxic funding debt, nor do we plan to. We are 100% confident that our current Reg A Offering will give us more than adequate funding to suit our needs moving forward into the new year."

About SW Innovative Holdings

SW Innovative Holdings, Inc. is a holding company with the goal of acquiring controlling interests in profitable small businesses. Its existing operations sells prepaid, unlimited local (dial tone) telephone service to the residential market, primarily in greater Houston, Texas under its DBA, Everybody's Phone Company. The Company is fully licensed by the Texas Public Utility Commission to resell telephone services throughout the State [Service Provider Certificate of Operating Authority (SPCOA) No. 60785]. Once SWHI achieves critical mass in Texas, the Company plans to expand its prepaid telecommunications product offerings nationwide. For more information, visit www.everybodysphonecompany.com.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

http://swinnovativeholdings.com/

Contact Information

  • Contact:
    SW Innovative Holdings, Inc.
    Tel: (855) 268-1610