GOGY) announces reduction of authorized shares from 5 billion to 500 hundred million

WESTON, Florida, September 23, 2022 /PRNewswire/ — Golden Grail Technology Corp (OTC: GOGY) https://goldengrailbeverages.com/ The company is pleased to announce that it has filed an application to reduce its current authorized share count from 5 billion to 500 million.

(PRNewsfoto/Golden Grail Technology Corp)

(PRNewsfoto/Golden Grail Technology Corp)

“It is difficult to imagine a situation where the Company needs to issue 5 billion shares. We believe this reduction leaves sufficient shares in reserve and serves to minimize dilution among our shareholders,” he said. steven hoffmanCEO.

Golden Grail Technology (OTC: GOGY) www.GoldenGrailBeverages.com is a fast-growing company with a strategic mission to innovate, build and optimize the growth of its beverage portfolio through fiscally responsible investments. The company focuses on brands that have a proven track record of sales, a loyal following of consumers, a retail presence, and a strong value proposition that need assistance to get to the next levels. golden grail has been actively acquiring brands within emerging and growing beverage categories. Our strong product offerings include Spider Energy Drink, Trevi Fruit Essence WaterTickle Water for Kids, Sketch Can for Tweens, Cause Water and KOZ Water Help Reduce Global Plastic Pollution and Scorpion Energy Hemp/CBD.

Following an acquisition, the company uses a number of operating technologies to apply its business expertise, tax techniques, and various manufacturing process knowledge to improve the economics and performance of each brand while advancing the marketing and distribution of its brands. beverages. The company’s focus on sophisticated beverage brand management and development, coupled with its recognizable, fast-growing portfolio of healthy and functional beverage sets. golden grail apart as a leader in the acquisition and promotion of existing beverage brands.

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Forward-Looking Statements:

This press release includes forward-looking statements about the future performance of our business, its operations, and its financial performance and condition, and also includes selected results of operations presented without the context of the accompanying financial results. These forward-looking statements include, among others, statements regarding our objectives and strategies to achieve those objectives, as well as statements regarding our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and that actual results may differ materially from assumptions, estimates or expectations reflected or contained in any forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary materially from what we currently anticipate. We have no obligation (and expressly disclaim any such obligation) to update or change any forward-looking statements, whether as a result of new information, future events or otherwise.



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SOURCE Golden Grail Technology Corp

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