Spotlight Growth
No Result
View All Result
Wednesday, February 8, 2023
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
No Result
View All Result
No Result
View All Result
Home Consumer Goods

Altavoz Entertainment, Inc. (OTC Pink: AVOZ) Skyrockets 400% After Announcing Merger with Nurish.Me, LLC

by admin
December 6, 2018
in Consumer Goods, Entertainment
0
Altavoz Entertainment OTC Pink AVOZ NurishME LLC MOU Merger Agreement News

Altavoz Entertainment OTC Pink AVOZ NurishME LLC MOU Merger Agreement News

Altavoz Entertainment, Inc. (OTC Pink: AVOZ) is a direct distributor of independent music to digital and physical retailers with its proprietary Fan Heat Map technology that provides market intelligence for product placement in brick-and-mortar and online stores. Shares surged 400% on Thursday, December 6, 2018. Over the past month, Altavoz has seen an average daily volume of 835 shares. However, on Thursday, 8,825,892 shares exchanged hands, equating to $176,000 in dollar volume.

Shares jumped Thursday after Altavoz announced it has signed a memorandum of understanding for a merger with Nurish.Me, LLC, a consumer-focused company aiming to improve “people’s health with effective dietary supplements.” Once merger is completed, Altavoz’s current business, including its debt, will be spun off as a private company owned by  Nelson Jacobsen, CEO and Founder of Altavoz Entertainment. In addition, Altavoz will issue preferred shares to the Nurish.Me’s stockholders. The merger, along with the departure of the existing business and its debt, will significantly improve Altavoz’s balance sheet and capitalization table. Upon completion of the merger, Altavoz “intends to take the steps necessary to become a fully reporting, reorganized, and up-listed public company.” Here is the full press release detailing the merger:

Altavoz Entertainment, Inc. Press Release:

ROCKVILLE, Md., Dec. 06, 2018 (GLOBE NEWSWIRE) — via NetworkWire — Altavoz Entertainment, Inc. (OTC: AVOZ) (the “Company”) has signed a memorandum of understanding (MOU) with Nurish.Me, LLC for a merger of the companies.  Under the terms of the merger, Altavoz will issue preferred shares to the holders of Nurish.Me’s interests.

Upon completion of the merger, Altavoz’s current business, along with its debt, will be spun out to become a private company owned and controlled by the Company’s founder, Nelson Jacobsen.  A copy of the MOU is attached. In contemplation of this change in business direction, the Company’s current board and CEO have resigned and have been replaced by interim management.

Nurish.Me is an evidenced-based, science-driven, and consumer-focused company founded by entrepreneurs, innovators, and scientists on a mission to improve people’s health with effective dietary supplements. The overarching mission of Nurish.Me is to lead a necessary paradigm shift in the dietary supplement industry by only marketing products that have been clinically tested, are formulated with proprietary technology to achieve the highest levels of efficacy, and provide the best value.

The merger with Nurish.Me and spin out of its existing business and debt will greatly improve the Company’s balance sheet and capitalization table.  Once completed, the Company intends to take the steps necessary to become a fully reporting, reorganized, and up-listed public company.

Forward-Looking Statements

This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could,” “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions, or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company’s reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.

Article By: Andrew Rego

Tags: acquisitioncommon stockconsumer goodsconsumersdietary supplementsemerging growthentertainmententertainment stocksinvestinginvestmentmedicalMergermicrocap stocksMOUnewsNurish.Meotc marketspharmaceuticalspublic companysalesservicessmall cap companiessmall cap stockssmall capsspin offSpotlight GrowthSpotlight Growth Stocksstock marketstockstradingtreatment
  • Trending
  • Comments
  • Latest
Asure Software NASDAQ ASUR Human Capital Management HCM Industry Spotlight Growth

Asure Software (NASDAQ: ASUR) is Expanding to Meet the Rising Demand for Human Capital Management Software

September 27, 2022
OLB Group NASDAQ OLB Cuentas NASDAQ CUEN Partnership Fintech Spotlight Growth

OLB Group (NASDAQ: OLB) and Cuentas (NASDAQ: CUEN) Team Up to Bring Fintech Solutions to Over 32,000 Bodegas Across the United States

October 6, 2022
Siyata Mobile NASDAQ SYTA SYTAW SD7 VK7 Purchase Orders Spotlight Growth

New Purchase Orders for SD7 Rugged Device, VK7, and Other Accessories Boost Siyata Mobile’s Outlook (NASDAQ: SYTA)

December 14, 2021
Telcoin TEL Crypto Spotlight Growth

Telcoin (TEL) Quietly Leads a Crypto Remittance Revolution

June 15, 2021
Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

0
Safe-T SFET NASDAQ UN Presentation

Safe-T (NASDAQ: SFET) Has Been Selected to Present at the United Nations’ Office of Information and Communications Technology Event

0
Safe-T Group SFET Q4 FY 2020 Financial Results

Safe-T Group (NASDAQ: SFET) Reports Fourth Quarter and Full Year 2020 Financial Results

0
Safe-T Group NASDAQ SFET FY 2020 Prelim

Safe-T Group Ltd. (NASDAQ: SFET) Estimates Record-High Annual Revenues of Approximately $4.9 Million Representing ~50% Growth YoY 2020

0
Innovative Eyewear NASDAQ LUCY Lucyd Lyte 2 Smart Glasses Spotlight Growth

Innovative Eyewear (NASDAQ: LUCY) Debuts Lucyd Lyte 2.0 Audio Eyewear Product

February 7, 2023
American Resources Corporation NASDAQ AREC Reduced Debt By 9 Million Spotlight Growth

American Resources Corporation (NASDAQ: AREC) Reduces Debt by Over $9 Million

February 7, 2023
Its All Greek to Me What Are Option Greeks Spotlight Growth

It’s All Greek to Me: What Are Option Greeks and How Do They Impact Traders?

February 6, 2023
Unleashing the Power of 5G The Future of Mobile Technology Spotlight Growth

Unleashing the Power of 5G: The Future of Mobile Technology

February 6, 2023

Recent News

Innovative Eyewear NASDAQ LUCY Lucyd Lyte 2 Smart Glasses Spotlight Growth

Innovative Eyewear (NASDAQ: LUCY) Debuts Lucyd Lyte 2.0 Audio Eyewear Product

February 7, 2023
American Resources Corporation NASDAQ AREC Reduced Debt By 9 Million Spotlight Growth

American Resources Corporation (NASDAQ: AREC) Reduces Debt by Over $9 Million

February 7, 2023

Categories

  • Bio/Med/Pharma
  • Cannabis
  • Commodities
  • Consumer Goods
  • Crowdfunding
  • Crypto Cheat Sheets
  • Cryptocurrency
  • Earnings
  • Education
  • Entertainment
  • Financials
  • Market News
  • Opinion
  • Politics
  • Real Estate
  • Split Watch
  • Sponsored
  • Store
  • Technology
  • Uncategorized
  • Venture Capital/Private Equity (VC/PE)

Site Navigation

  • Disclosures
  • Terms Of Service
  • Privacy Policy
  • Contact Us

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

No Result
View All Result
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest small/micro-cap analysis and investment news from Spotlight Growth.

Enter your email address

Thanks, I’m not interested