QualityStocksNewsBreaks – Medical Innovation Holdings, Inc. (MIHI) Retires Ten Million Common Shares
Medical Innovation Holdings (OTC: MIHI) this morning said that it has reached an agreement with two of the company's largest shareholders to retire 10 million common shares. The company’s issued and outstanding shares count was 40,912,082 common shares as of the last filing on March 19, 2018. This will be reduced to 30,912,082 common shares issued and outstanding, marking a 24.4% reduction in the number of outstanding common shares. MIHI is aiming to improve its balance sheet in an effort to attain financing for operations, acquisitions, and deployment of its virtual health telemedicine platform to rural primary care clinics and…
