Welcome To The SEFE, Inc HUB On AGORACOM
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AGORACOM NEWS FLASH
Dear Agoracom Family,
I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.
As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.
To this end:
1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.
2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.
Sincerely,
George et al
Message: SEFE Retires 4.5 Million Shares of Common Stock
SEFE Retires 4.5 Million Shares of Common Stock
BOULDER, Colo. -- SEFE, Inc. (OTCBB/OTCQB: SEFE) (the "Company"), a sustainability company engaged in offering innovative, pioneering solutions for the world's energy needs, today announced that it has retired 4.5 million shares of common stock, resulting in an approximate 8% reduction in the number of common shares issued and outstanding.
The retirement of these shares occurred in connection with a Separation and Release Agreement entered into by the Company and a former director. Immediately following the exchange and retirement of the common shares, the number of common shares issued and outstanding was reduced from 59,583,575 to 55,083,575. The DTC float is now 13,774,000, and the number of authorized shares is 200,0000,000.
Don Johnston, CEO of SEFE, stated, "The retirement of these common shares is a very positive step toward improving our Company's overall capital structure and enhancing value for both new and existing shareholders."
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