DANA POINT, Calif., Dec. 13, 2017 (GLOBE NEWSWIRE) -- MC Endeavors, Inc. (OTC:MSMY), has announced that a Motion to Discharge Custodianship and Return of Control to MC Endeavors Board of Directors was granted yesterday in the District Court of Nevada. “We want to extend thanks for the outstanding efforts of International Venture Society and our legal team for the excellent guidance in successfully navigating the process of custodianship,” said John Stippick, CEO. “Our shareholders will be the biggest benefactors as the new Room 21 team builds value in the company,” said Stippick.
Additionally, the Company has also been having multiple interactions with OTC Markets to address the final items that will lead to the company becoming fully current. “We are confident that MC Endeavors, Inc./Room 21 Media Inc. will be current shortly and we also plan on having our financial statements audited in the near future in order to qualify as a fully-reporting issuer,” said Stippick.
MC Endeavors, Inc./Room 21 Media, Inc. is committed to becoming a leading global social commerce company that utilizes a single core platform, Room 21, to produce, distribute and monetize online communities for individuals and businesses to interact with industries ranging from industrial business to healthcare to entertainment. The Room 21 proprietary platform utilizes an internal replication technology and is branded to each social app, industry vertical, event, film, or online contest we produce.
Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
MC Endeavors, Inc./Room 21 Media, Inc.
Source:MC Endeavors, Inc.