LAS VEGAS, NV March 23, 2022 MMA Global, Inc. (OTC Pink: LUSI) (the Company or ZUKI.APP) (name and ticker symbol change pending) is pleased to announce that yesterday evening after trading hours the board of directors of the Company approved a resolution that will halve the Company’s authorized shares from 1.95 Billion shares to 975 Million shares.
In 2021, the board of MMA Global took similar action to halve its authorized shares from nearly 4 Billion shares to 1.95 Billion shares. Taken together, these two moves represent the boards commitment to rightsizing its capital structure for purposes of: (1) preserving and building shareholder value; and (2) providing flexibility so that the Company may respond to growth, acquisition, and capitalization opportunities as they present themselves.
About ZUKI.APP
MMA Global, Inc. (OTC: LUSI), a Nevada corporation, is an international tech group, including: (1) ZUKI.APP (USA), a crypto-fueled, play-to-earn (“P2E”) game platform designed to engage family, friends and fans alike. (See https://www.zuki.app); (2) GTR24H (Denmark), a dynamic, leading European sim endurance eRacing games and eSports broadcasting platform for drivers, teams and eSports fans with worldwide media reach. (See https://www.gtr24h.org.) (Acquired December 2021); (3) Delivery Drop (UK), a fast-growing, feature-rich, on-demand delivery app operating in the United Kingdom. (See https://www.deliverydrop.co.uk) (Acquired February 2022); (4) Moneyball (Portugal), the first artificial intelligence (AI)- powered TV ads management platform, connecting sporting organizations, clubs, teams, and other influencers (large and small) and the brands who sponsor them with their fans. (See https://www.getmoneyball.tv) (Acquired February 2022); and (5) BillionGraves (USA), a genealogical tech play helping over 1.5 million professional genealogists and family history enthusiasts geolocate and document death and other vital graves in an elegant, simple and highly effective way. (See https://www.billiongraves.com) (Acquired March 2022). The group is waiting for FINRA to approve a name and ticker symbol change to “Zuki, Inc.” and “ZUKI.”
Learn more about the Company and its subsidiaries at https://www.zuki.app/zuki-group.
Forward-Looking Statements Notice
This press release includes statements that may be deemed “forward-looking statements” and, as such, is subject to the forward-looking notice disclaimer found at https://www.zuki.app.
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