San Francisco, May 25, 2016 (GLOBE NEWSWIRE) -- SMC's CEO Ralph Tashjian announced today that the current share structure of the Company breaks down as follows:
Authorized Shares: 500,000,000
Outstanding Shares: 44,151,136
Public Float: 7,311,630
"We are pleased to make this announcement today as the Company feels it has maintained the share structure at a very modest level." stated Tashjian. He added, "We are also very excited about future shareholder updates that will be released in the days and weeks ahead."
A full update of important information regarding the company can be found at www.otcmarkets.com/stock/SMCE/profile
Company Website: www.smc-entertainment.com
Safe Harbor Statement: This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of SMCE, members of their management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
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Source:SMC Entertainment Inc.