SUNRISE, Fla., Dec. 19, 2018 (GLOBE NEWSWIRE) -- Beta Music Group Inc. (OTC PINK: BEMG) announces that the Company’s Board of Directors and majority shareholders have voted to officially change the Company’s name to MBO Holdings Inc., reflecting the Company’s new business direction. BEMG plans to file for this proposed name change with the Financial Industry and Regulatory Authority (FINRA) and request a new ticker symbol that better suits the new name of the Company.
This action is planned for after the clearance of Securities and Exchange Commission (“SEC”) form S-1 Registration statement as the first step to become a fully reporting SEC company listed on the OTCQB venture exchange. This action is integral to the Company’s efforts to demonstrate heightened transparency to investors and bring greater visibility and credibility before a substantially larger group of qualified investors. The Company plans to file Form S-1 during the 1st quarter of 2019.
Elizabeth Karwowski, CEO of BEMG stated, “We’re very excited about the progress we made this year to significantly reduce the outstanding shares of common stock, add new clients, increase revenues for 4 consecutive years and now the preparation of Form S-1. This upcoming name change to MBO Holdings Inc. and corresponding ticker symbol change will more appropriately reflect our strategic growth initiative as an industry leader in the FINTECH space.”
ABOUT BEMG
BEMG, through its operating subsidiary, Get Credit Healthy, utilizes its proprietary processes, platform, and software to integrate with lenders to make it easier to recapture leads. Developed for and by those with extensive experience in the mortgage industry, Get Credit Healthy's platform has already facilitated hundreds of millions of dollars in new loan opportunities for its partners.
Get Credit Healthy has showed sustained growth over the past three years and shows no signs of slowing down. It is working to increase its network of partners and is looking forward to a very promising future. Please visit the company website at www.betamusicgroup.net; Twitter at www.twitter.com/bemg12 and financial information can be found at www.otcmarkets.com/stock/bemg/profile.
