PR Newswire
CUMMING, Ga., Jan. 27, 2025 /PRNewswire/ -- Metavesco, Inc. (OTC PINK: MVCO) ("Metavesco" or the "Company"), a trailblazing holding company dedicated to fostering growth in both digital and traditional sectors, is pleased to announce that the company will retire 3,759,829,140 common shares, which will come from shares personally paid for and owned by CEO Ryan Schadel. This move is part of a broader strategy to streamline the company's capital structure and enhance shareholder value.
In exchange for the retirement of the common shares, Schadel will receive 51 Series X Preferred Shares. These Series X Preferred Shares carry "super voting" rights, granting him 51% of the total voting power, effectively mirroring the voting rights that his common shares currently represent. Importantly, these preferred shares are non-convertible.
CUMMING, Ga., Nov. 15, 2024 /PRNewswire/ -- Metavesco, Inc. (OTC PINK:MVCO), a pioneering holding company focused on acquiring, operating, and nurturing innovative businesses in both digital and traditional sectors, today announced Epic Labor, Inc., a wholly owned subsidiary focusing on blue collar staffing solutions, booked topline revenue of $177,682 during its first month of operation in October.
"Epic Labor's strong initial revenue performance is a testament to the viability of this venture and the incredible potential we see for growth," said Ryan Schadel, CEO of Metavesco. "Our immediate focus is on scaling operations to capitalize on the anticipated economic growth and demand for labor solutions under a Trump Presidency, with plans for a major expansion in 2025."
CUMMING, Ga., Aug. 16, 2024 /PRNewswire/ -- Metavesco, Inc. (OTC PINK:MVCO), a web3 enterprise and digital asset innovator, today announced the execution of a non-binding Letter of Intent (LOI) to acquire Striped Pig Distillery and Local Choice Spirits of Charleston.
Founded as one of South Carolina's oldest distilleries, Striped Pig Distillery has garnered multiple awards for its exceptional craft spirits. Local Choice Spirits has established a reputation for innovation and quality, solidifying its place in the market.
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