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ITOCO Gives Shareholders Stronger Say in Company’s Future

ITOCO Gives Shareholders Stronger Say in Company’s Future

ITOCO 让股东对公司未来有更大的发言权
Accesswire ·  2022/10/14 14:55

TORONTO, ON / ACCESSWIRE / October 14, 2022 / ITOCO INC. (OTC:ITMC) is pleased to announce that it is cancelling the existing voting block of shares that allowed control of the company to be held by one individual, thereby giving all shareholders a stronger voice in the future of the company.

安大略省多伦多/Accesswire/2022 年 10 月 14 日/ ITOCO INC(OTC: ITMC) 很高兴地宣布,它将取消现有的股票投票封锁,该封锁允许一个人持有公司的控制权,从而使所有股东在公司的未来都有更大的发言权。

"This is something that was long overdue and provides our shareholders with the opportunity to have more input into the company's growth," says CEO and President Michael Paul.

首席执行官兼总裁迈克尔·保罗说:“这是早就该做的事情,它为我们的股东提供了为公司增长提供更多意见的机会。”

The company also announces that it is revising its agreement with Colorful Euphoria, Lda, the subsidiary based in Lisbon, Portugal, which is managing the company's growth in Europe and Africa. The revised agreement, expected to be completed by or before the end of this month, will provide more clarity to Colorful Euphoria's role.

该公司还宣布,正在修改与总部位于葡萄牙里斯本的子公司Colorcul Euphoria, Lda的协议,该公司负责管理公司在欧洲和非洲的增长。修订后的协议预计将在本月底或之前完成,将进一步明确Colorvel Euphoria的角色。

"ITOCO is building an exciting future and these decisions will strengthen the company's position moving forward," Mr. Paul says.

保罗说:“ITOCO正在建设一个令人兴奋的未来,这些决定将巩固公司前进的地位。”

ABOUT ITOCO INC.

关于 ITOCO INC

ITOCO's mission is to be a global leader in soil rehabilitation, carbon sequestering, and biofuel production for the Clean Energy sector. ITOCO has developed and is promoting its Soil Rescue Program in Europe and Africa. ITOCO Inc. trades on the OTC Markets, symbol: ITMC. ITOCO is a 14-year-old publicly quoted Biotech company based in Toronto Canada, Lisbon Portugal and Nevada USA. ITOCO seeks to partner with outstanding individuals and companies within the land regeneration, climate change and bioenergy fields to joint venture, research, and co-develop related products and technologies to the market.

ITOCO的使命是成为清洁能源领域土壤修复、碳封存和生物燃料生产领域的全球领导者。ITOCO已经制定并正在欧洲和非洲推广其土壤救援计划。ITOCO Inc. 在场外交易市场上交易,代码:ITMC。ITOCO是一家成立14年的上市生物技术公司,总部位于加拿大多伦多、葡萄牙里斯本和美国内华达州。ITOCO寻求与土地再生、气候变化和生物能源领域的杰出个人和公司合作,合资、研究和共同开发面向市场的相关产品和技术。

ITOCO Energy
ITOCO Soil Rescue
ITOCO Carbon Capture
ITOCO Climate Change

ITOCO Energy
ITOCO 土壤救援
ITOCO 碳捕集
ITOCO 气候变化

For further information, please contact our Investor Relations department at: stephen@itoco.net.

欲了解更多信息,请通过以下方式联系我们的投资者关系部门:stephen@itoco.net。

CONTACT:

联系人:

Michael Paul, C.E.T.
President & CEO
ITOCO INC
ir@itoco.net

迈克尔·保罗,C.E.T.
总裁兼首席执行官
ITOCO INC
ir@itoco.net

SOURCE: ITOCO Inc.

来源: ITOCO Inc.


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