Megola, Inc. Announces it is in the Process of Making its Filings Current with the OTC

Houston, Texas, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Megola, Inc. (OTC: MGON), has announced it is complying with the filing regulations of the OTC Markets and will be current in its submissions within the next two weeks.

Megola’s CEO, Eric Ottens, also took the added measure of visiting Spain to verify status of the Cannabis harvest, olive oil packaging and distribution facilities for purposes of proper disclosure. MGON plans on having its financial statements audited in the near future in order to qualify as a fully-reporting issuer and these filings and re-filings will make that process much more efficient.

Over the next few weeks, the Company plans on making several announcements regarding the upcoming audit and launch of CBD infused productions.

The company also wishes to notify all shareholders and persons of interest that Megola, Inc. will be making announcements and updates via social media. Updates can be found at on newly created new social media channels on Twitter and a Facebook Business Page

Acordy S.A. is currently a privately owned Spanish company that was formed in late 2014. Acordy is primarily involved in the production and distribution of food items from Spain with a concentration in olive oils and wines from the Iberian Peninsula. Acordy became involved in the production and distribution of medical marijuana products and is commencing the commercialized launch of CBD products.

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

Contacts

SOURCE Megola, Inc.

 

RELATED LINKS









For further information, contact:

Eric Ottens