As many of you know, we have liked TEMN (Team Nations Holdings, Inc.) for quite some time, as a sleeper play. We haven't expected to see an immediate run throughout the time that we have been following it but we do believe that there will come a breaking point, where it will finally see an intense surge to the upside. Over the course of the past 5 weeks, our Platinum Membership Subscribers have seen profit potential of more than 2,100% on our top penny stock alerts and we believe that TEMN is fast approaching a point where it will prove to be another one of our power movers. The reason for us not expecting things to move too quickly, had always been managements focus on completing important financial filings as opposed to relying more on news releases and building hype. To the average investor, this is a very good thing because it shows that they intend to grow the company with a strong base to build from, while the average penny stock investor is against this strategy because almost all penny stock plays see advancement based off of excitement and news releases.
Well finally today, TEMN released a major news announcement, stating that they are canceling 1 billion outstanding shares and also will be fully reporting by the end of this month! This is huge news that has gone almost entirely unnoticed, so although there may not be much of a stir now, we expect to see TEMN sailing upward and leaving the triple zero level behind sometime within the next few months and it really could come at any moment, so watch closely. TEMN continues to be a monster in the making in our eyes, especially from this current price per share of $.0011.
The entire news release can be seen here: http://finance.yahoo.com/news/team-nations-holdings-corp-announces-150000776.html
Full text of the release is below:
“Team Nations Holdings Corp. Announces Cancellation of Series A Preferred and 1B Common Shares.”
Nevada / Accesswire / January 08, 2014 / Team Nations Holding Corp, (a Nevada Corporation) (TEMN), today announced that it has received the entire Series A Preferred shares and the 1 Billion restricted common shares that had been issued to the previous officers of the company. The shares have been delivered back to Clear Trust with the instructions to return to the authorized but unissued status.
“This reduced the outstanding by 1 Billion shares ” says Alonzo Pierce, CEO of Team Nation Holdings. Pierce also commented, “This is a tremendous win toward our reorganization plan and I am happy to put closure to this negative capital structure situation. The Company is continuing with financial audits and its efforts to bring the company completely current with the SEC. The company expects to be fully reporting by the end of the month ”
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of Team Nations Holdings Corporation, Inc.’s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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