No Borders (OTC: NBDR) today announced that it has amended its existing SEC Qualified Reg A offering to dramatically cut the number of authorized shares available from 300,000,000 to 100,000,000 while increasing the offering price per share from $0.01 per share to $0.03 per share, effective immediately. This amendment keeps the total amount of capital available to be raised by the company at $3,000,000 but vastly lowers the total possible dilution of the common stock. “If you take the time to watch the last three or four NBDR Shareholder Update Videos that are on our YouTube Channel you will see that we have stated over and over our commitment to NOT issuing 300 million new shares into the market. Our executive team and I are major common stock shareholders of NBDR and as such are just as sensitive to dilution as any shareholder in the company. This amendment is another example of why we are #DifferentByDesign and clearly shows that the action steps we are taking are designed to improve shareholder value and minimize dilution while providing our businesses with the capital they need to deploy and scale,” No Borders CEO Joseph Snyder stated in the news release.
To view the full press release, visit http://ibn.fm/YweK7
About No Borders Inc.
No Borders, Inc. (OTC: NBDR) is a multifaceted corporation specializing in the acquisition, creation, and scaling of commercial and consumer products by utilizing cutting-edge technologies to reduce costs while increasing revenues and shareholder value through technological superiority and Intellectual Property ownership across its portfolio of assets. The Company’s portfolio of brands includes:
- No Borders Naturals Inc., a purveyor of health and wellness products for active consumers and their pets (NoBordersNaturals.com).
- No Borders Labs Inc., which provides leading-edge tech tools to NBDR internal companies while also offering consulting, architecture and software development services to external businesses looking to update their technology infrastructure for greater efficiency, security, and transparency (NoBordersLabs.com).
- CBDLabChain.com a powerful, Patent Pending tool to demonstrate in an unbiased and unchangeable way a clear sense of security to consumers of CBD products by recording Certificate of Authority (COA) on a blockchain technology platform.
- No Borders Dental Resources Inc., a provider of equipment and supplies to medical and dental professionals across the U.S. through the trade name MediDent Supplies (MediDentSupplies.com).
No Borders is headquartered in Arizona with resources in the U.S., South America, Asia, and Europe. For more information, visit the Company’s website at www.NBDR.co.
NOTE TO INVESTORS: The latest news and updates relating to NBDR are available in the company’s newsroom at http://ibn.fm/NBDR
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