Chairman & CEO Randy Hoff, commenting on the shares cancellation stated, "This 20 Million share cancellation today, with an approximate market value of $200,000.00 or 8% of the total shares previously outstanding, is a direct expression of company management's unwavering commitment to strengthening shareholder value over the long-term. I feel the same way today as I did during our last affiliate shares cancellation, that officers investing back into the company is always a wise move; and periodically retiring shares is key to maintaining a healthy share structure. Our Company wholeheartedly expects and reserves the right to do even more value creating share buybacks and cancellations in the future in any manner or quantity as the Company or its officers deem beneficial to the interests of all ORION DHC, Inc. shareholders. "
The Company made further mention that the new lower outstanding shares figure will subsequently be updated and reflected on the official corporate website located at: www.ORIONDHC.com.
About ORION DHC, Inc.
ORION DHC, Inc. (OTC: OODH) is a publicly traded holding company actively seeking attractive investments in multiple sectors utilizing time-tested value investing principles to grow its corporate holdings. The corporation targets licensable intellectual property, equity holdings, gold & silver mining, oil & gas assets, film and real estate assets; and works daily building internal divisions and exploring potential acquisitions.
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Safe Harbor Statement
This press release contains forward-looking statements regarding the future performance of the Company within the meaning of the Private Securities Litigation Reform Act of 1995. Statements or suggestions within this press release are subject to a variety of financial risks and uncertainties that may cause actual results to differ materially from purported expectations. Please invest wisely and never invest more money than you can afford to lose. Always consult your personal financial advisor before taking any financial position in ORION DHC, Inc. Visit the corporate website for full Company investment disclaimer at the following link: www.oriondhc.com/
Orion Diversified Holding Co., Inc. (2014) All rights reserved.