CLEARWATER, FL--(Marketwired - Sep 12, 2016) - WLMG Holding Inc. (OTC PINK: WHLX) announced today new Company management, progress completed and continual efforts.
New Company Management
New Company management took over from prior management on July 22, 2016. On July 22, 2016, Tammy Taylor was appointed as the new Chief Executive Officer and as a new Director. On July 23, 2016, Don Dailey was appointed as the new President and as a new Director and M. Aimee Coleman was appointed as the new Corporate Secretary. The new Company management wishes to thank Michael J. Ellman, the outgoing sole officer and sole director of the Company, for his continued assistance in making this transition as seamless as could be expected.
The Company's corporation status with the State of Delaware is now in Good Standing, effective August 22, 2016.
On August 26, 2016, OTC Markets completed their review of the updates that the new Company management requested for the OTC Company Profile tab and identified it as "Verified Company Profile 8/26/2016." The tab's Business Description, including current operations efforts, is below under "About WLMG Holding Inc." In addition, the new Contact Information, Company management and the current Share Structure are disclosed.
The new Company management continues its required work for the OTC Markets filing that will qualify the Company to meet OTC Markets' Alternate Reporting Standard requirements to be Current. Also, the new management is enacting, as time allows prior to the OTC Markets filing, corporate reporting structure that will ease the process for the Company to, at some point in the future, become audited and SEC Reporting. Every effort will be made by the new Company management to keep the Company shareholders informed as progress, on both reporting and operations, are made.
About WLMG Holding Inc.
WLMG Holding Inc. (OTC PINK: WHLX), has been, and continues to, actively seek and evaluate viable proprietary businesses, manufacturing operations and commercial projects to either further develop or acquire within a variety of industries, including energy and its related fields. As a public holding company, we are also open to acquiring companies within this general criteria, private or public, as wholly owned subsidiaries. Our intent is to allow the acquired companies' management to continue to be responsible to operate the subsidiary.
Cautionary Note Regarding Forward-Looking Statements: This press release contains forward-looking statements. These statements are based on current expectations and assumptions regarding future events and business performance and involve known and unknown risks, uncertainties and other factors that may cause industry trends or actual Company results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these statements. Although the Company believes that expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. All who read this press release should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release.