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mcapmediawire - TOCCA Life Holdings, Inc. (OTC: TLIF) (the“Company”) announced today that the Company recently experienced a change of controlling ownership interest, and that Stephen Carnes has recently been appointed as the Company's CEO, President, and Director.
Under new management, the Company will pursue an aggressive approach to review all aspects of the Company in an effort to enhance shareholder value. The new management team seeks to streamline the Company and any required clean-up in an expedited manner. Management intends to fast-track an acquisition with a target close during Q1 2023.
The Company has already updated the Nevada Secretary of State's records to reflect the change in management as well as uploaded the applicable board resolutions with filed and stamped copies by the State. An application has been sent to request a reset of the login credentials so that the Company may have access to EDGAR for future regulatory filings. New Company management is also in the application process to gain access to OTCIQ for filings with OTC Markets, which is a required step when a company changes management.
The Company would like to invite shareholders and other interested parties to follow the Company's newly established account on Twitter @tocca_life for various progress updates from the Company.
Anticipate additional updates in the very near term. Company management issued this brief press release in an effort to touch base with current shareholders to inform everyone that there is an abundance of work being done being the scenes.
Follow TOCCA Life Holdings, Inc. on Twitter at: @tocca_life
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a few uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events or otherwise.
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