Issue (company)

CBMJ Sells E-Commerce Business for $1,247,000 and Retires 59.76 Million Shares; Increases Profitability While Reducing Operating Expenses

Retrieved on: 
Monday, July 11, 2022
Journalism, Book, News, Digital media, Securities Exchange Act of 1934, Kernel (digital media company), Marquess, Radio, POWDER, Conservatism, Issue (company), DVD, Nevada corporation, OTC, CBMJ, Review, Sale, Securities Act of 1933, L.L.C, GLOBE, Coffee, Social media, Online shopping, Sales

Commenting on the transaction, CBMJ CEO Mark Schaftlein stated the following: "We are very pleased with consummating this transaction.

Key Points: 
  • Commenting on the transaction, CBMJ CEO Mark Schaftlein stated the following: "We are very pleased with consummating this transaction.
  • It also positions the company to significantly reduce operating expenses and move toward positive cash flow businesses.
  • About CBMJ: (CBMJ) Conservative Broadcast Media and Journalism is a Digital Media Company based in Metro-Atlanta that specializes in reaching a conservative/libertarian/religious audience.
  • CBMJ owns an active database of over 20 million email subscribers, and publishes the marquis monetized political/news website www.flagandcross.com .