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8-K - CURRENT REPORT - Freedom Internet Group Inc. | fig_8k.htm |
Exhibit 99.1
Freedom Internet Group Inc. Announces Three-for-One Stock
Split
November 6, 2020
– San Juan, PR – Freedom Internet Group Inc., a
provider of business consulting services, centralized management
services and revenue-based financing to Internet-focused
entrepreneurs, today announced that the board of directors has declared a
three-for-one split of its common stock in the form of a stock
dividend. Each stockholder of record as of the close of
business on November 2, 2020 shall be entitled to receive on or as
soon as practicable thereafter, and without surrender of any
certificates for its shares, two (2) additional shares of common
stock for each then-held share.
About Freedom Internet Group Inc.
Freedom
Internet Group Inc. is engaged in the business of acquiring,
holding and managing royalty interests derived from Internet based
businesses, referred to as operators. Royalty interests are passive
(non-operating) agreements that provide us with contractual rights
to a percentage of revenue produced from operators. The revenue
generated by operators is typically from physical or digital
product sales, subscriptions and advertising.
Safe Harbor Statement
The
information posted in this release may contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. You can identify these statements by use of the
words "may," "will," "should," "plans," "explores," "expects,"
"anticipates," "continues," "estimates," "projects," "intends," and
similar expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in methods of marketing, delays in
manufacturing or distribution, changes in customer order patterns,
changes in customer offering mix, pandemics those events and factors described by
us in the "Risk Factors" section of our most recent prospectus, as
amended; the private placement memorandum related to the Offering;
other risks to which our Company is subject; and other factors
beyond our company's control.
Contact:
Ace Chapman, CEO
Ace.Chapman@FIGIroyalty.com