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Glendale, CA / ACCESSWIRE, Sept 19, 2019 - (ACN Newswire) - Markray Corporation (RVBR) has completed the acquisition of Keshe Foundation Global, Inc. (KFGL) Organization through a Share Exchange Agreement. Markray Corporation has acquired a 100% controlling interest in KFGL in exchange for five (5) million preferred shares. KFGL will exist as a wholly owned subsidiary of Markray Corporation. Important to note is that Keshe Gases in Nano State (GANS) Technology is one of the operational arms within KFGL.
Universal Garment Wash & Dye, LLC was the previous operations existing within Markray Corporation and has agreed to return to be a private company and take any of its existing debt and liabilities with them. Universal Garment Wash & Dye, LLC has returned its shares back to the Markray Corporation treasury. Markray Corporation is 100% debt free and has no convertible debentures, 504s, 3(a)10 Exemptions, or any other forms of dilutive mechanisms that could exist.
Markray Corporation, and its subsidiaries, will also use social media platforms to include Twitter, Facebook, Youtube, Instagram, and the company's website to keep its shareholders updated in the near future.
About Markray Corporation
Markray Corporation is a development stage holding company targeting diversity and increased shareholder value through a series of acquisitions and mergers. It and its subsidiaries hold the intellectual property and technical expertise in plasma technology for the development and distribution of a wide variety of disruptive and novel technologies that will create a new industrial revolution in market sectors including, but not limited to agriculture and food security, animal husbandry, health and medicine, energy saving and energy production, pollution control and decontamination, materials production, land, sea and air transportation, communications technology and space travel and exploration. Subsidiaries of Markray Corporation are partnering with some of the largest corporations around the world to inject the new scientific understanding and advanced solutions into existing technologies, manufacturing facilities and production lines. The corporation has a roadmap for global expansion, including international research and development and the creation of industrial zones specifically for raw materials production on every continent. It is expected that Markray Corporation and its subsidiaries will become household names in the very near future, as their technical know-how transforms many of our every-day points of reference from our homes and vehicles to our communications, food, and healthcare.
Safe Harbor and Informational Statement
This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement is not a guarantee of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's statements and reports filed with the OTC Markets. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.
M.T.Keshe
747-999-2629
Markray Corporation
ir@kfgl.global
SOURCE: Markray Corporation
Topic: Merger & Acquisition
Source: Markray Corporation
Sectors: Metals & Mining
https://www.acnnewswire.com
From the Asia Corporate News Network
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