BlueFire Equipment Corp (BLFR) Reduces Authorize Common Stock, Increases Series A Preferred Stock for Future Acquisitions, and Shares Updates on the Binding Letter Agreement with Resource Rock Exploration, LLC.
, Nov. 08, 2023 (GLOBE NEWSWIRE) -- BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions, today announces the reduction of the Company’s Authorize Common Stock, increase of the Company’s Series A Preferred Stock, and updates on the Binding Letter Agreement with Resource Rock Exploration, LLC.
- , Nov. 08, 2023 (GLOBE NEWSWIRE) -- BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions, today announces the reduction of the Company’s Authorize Common Stock, increase of the Company’s Series A Preferred Stock, and updates on the Binding Letter Agreement with Resource Rock Exploration, LLC.
- On November 7, 2023, the Company reduced its Authorized Common Stock from 2 billion shares to 250 million shares .
- Series A Preferred Stock Increase:
On November 7, 2023, the Company increased its Series A Preferred Stock from 50 million shares to 99 million shares . - Management increased the Company’s Series A Preferred Stock for future potential acquisitions.