GlobeNewswire

BLGI, Inc. Announces Reverse Split of Shares and Amended and Restated Articles of Incorporation

Share

Internet of Economies software company providing blockchain secure platform solutions for FinTech, Media and other sectors.

CHICAGO, Oct. 20, 2020 (GLOBE NEWSWIRE) -- BLGI, Inc. (OTCBB: BLGID) (“BLGI” or the “Company”) announced that in furtherance of the restructuring of the Company, it filed Amended and Restated Articles of Incorporation with the State of Florida, effective as of October 8, 2020, to consolidate its capital by a 20:1 reverse split of its Common Stock and reduce the number of shares of Common Stock it is authorized to issue from 490,000,000 to 200,000,000 shares. The Company has also changed its name from Black Cactus Global, Inc. to BLGI, Inc. The Company’s Common Stock began trading on a post-reverse split basis on October 16, 2020. The Current Report on Form 8-K filed with the Securities and Exchange Commission on October 16, 2020, reporting the filing of the Company’s Amended and Restated Articles of Incorporation and reverse split, can be accessed on the SEC’s EDGAR reporting system at https://www.sec.gov/Archives/edgar/data/1575345/000116169720000450/form_8-k.htm. The new leadership team, led by Lawrence P. Cummins, CEO, looks forward to executing its business plan by using the Intellectual Property it acquired from Mr. Cummins’ company, Charteris, Mackie, Baillie & Cummins Limited, to develop solutions for business opportunities that have been identified.

BLGI’s new website, www.blgi.net, offers additional information. The Company will operate from Chicago, London and Melbourne, Australia. The mailing address is 2027 W. Division Street, Suite 137, Chicago, IL.

About BLGI, Inc.

At the core of any data science company is the need to optimize a client’s assets, whether the asset is financial trading data or sensitive health care information. As technology across all asset driven industries is moving toward blockchain and A.I. infrastructures, many organizations are rushing to adapt to these new technologies. At BLGI we remove the guesswork from data driven asset optimization. We deliver high-impact strategies that extends the life of our clients’ assets, reduces life-cycle costs and ensures the availability of these assets. Doing so aids our clients in embracing these new emerging technologies and empowers them to compete in an ever-changing digital landscape.

For additional news and information please visit BLGI’s website at www.blgi.net or by contacting BLGI as follows:

Contact Information
Lawrence P. Cummins
Tel: 44 (0)7770 370 114
lawrence.cummins@blgi.net

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. These cautionary statements should not be construed as exhaustive or as any admission as to the adequacy of BLGI’s disclosures. BLGI cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” “projects,” “should,” or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. BLGI does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Additional information respecting factors that could materially affect BLGI and its operations are contained in its annual report on Form 10-K for the year ended April 30, 2020, as filed with the Securities and Exchange Commission.

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Huhtamaki set to launch next generation tube laminates with ISCC certified renewable content in partnership with LyondellBasell, Plastuni Lisses and Groupe Rocher for use in cosmetics and food sectors30.7.2021 10:00:00 CEST | Press release

HUHTAMÄKI OYJ PRESS RELEASE 30.7.2021 AT 11:00 Huhtamaki set to launch next generation tube laminates with ISCC certified renewable content in partnership with LyondellBasell, Plastuni Lisses and Groupe Rocher for use in cosmetics and food sectors Huhtamaki, a key global provider of sustainable packaging solutions for consumers around the world, has achieved an important technology breakthrough in developing next generation sustainable tube laminates. Working in partnership with LyondellBasell, Plastuni Lisses (Groupe Somater) and Groupe Rocher, Huhtamaki is launching a tube laminate with more than 40% recycled content from renewable based plastics. The laminate is primarily suitable for product applications in the cosmetics, personal care, oral care, and food sectors. The new laminate makes a significant contribution to fully circular flexible packaging solutions for these sectors. Working across the value chain where every partner has its own responsibility, LyondellBasell as the res

Nexstim Has Received an Order for an NBT® System with SmartFocus® TMS from a New Customer in the United States30.7.2021 09:00:00 CEST | Press release

Press release, Helsinki, 30July 2021 at 10 AM(EEST) Nexstim Has Received an Order for an NBT® System with SmartFocus® TMS froma New Customer in the United States Nexstim Plc (NXTMH:HEX, NXTMS:STO) ("Nexstim" or "Company") announces that it has received a new NBT® System order in the United States as it continues to expand its therapy presence. Nexstim’s NBT® System with SmartFocus® nTMS is highly differentiated from other currently available TMS products due to its unique and highly sophisticated 3D navigation that uses its proprietary E-field algorithm to visualize the exact location, orientation, and magnitude of the stimulation. Mikko Karvinen, CEO of Nexstim commented: “We at Nexstim are happy to strengthen our position in the U.S. therapy market as we welcome a new clinic to our user community. This sale was made possible by our recent investments in recruiting new sales representativestoour U.S. team.With our competent team, we are in anexcellent position moving forward in furthe

RCI Banque: FIRST HALF 2021 RESULTS: RCI BANK AND SERVICES CONSOLIDATES ITS OPERATING PROFIT AND ACHIEVES RECORD LEVELS OF CUSTOMER RECOMMENDATION IN A RECOVERING AUTOMOTIVE MARKET COMPARED TO THE YEAR 202030.7.2021 08:45:00 CEST | Press release

Friday, July 30, 2021 FIRST HALF 2021 RESULTS: RCI BANK AND SERVICES CONSOLIDATES ITS OPERATING PROFIT AND ACHIEVES RECORD LEVELS OF CUSTOMER RECOMMENDATION IN A RECOVERING AUTOMOTIVE MARKET COMPARED TO THE YEAR 2020 716,220 new financing contracts, for a total of new financing of €8.7 billion 178,684 contracts for used vehicles, up 13.5% compared to the first half of 2020Penetration rate1 at 44.3% of registrations at the end of June 2021, i.e. +1.3 points higher than in the first half of 2019, before the health crisisGrowth in loyalty offers and new services dedicated to electric vehicles in several countries for retail customers2.3 million service contracts, up 18.8% compared to the first half of 2020A record level of customer recommendation, with a Net Promoter Score2 of +52 points in June 2021, 5 points higher than the previous year.Average performing assets of €45.5 billion, down 5.5% compared to the end of June 2020Net banking income of €940 million, down 6.9% compared to the end

India’s United Breweries becomes part of the HEINEKEN group30.7.2021 08:30:00 CEST | Press release

HEINEKEN obtains controlling interest following UBL’s annual general meeting UBL becomes a top HEINEKEN operating company, Kingfisher a top 5 global brand Amsterdam, 30 July 2021 – Heineken N.V. (HEINEKEN) announces that, following United Breweries Limited’s (UBL) annual general meeting on 29 July 2021, it has obtained control of UBL in India. This follows HEINEKEN’s recent acquisition of additional ordinary shares in UBL on 23 June 2021, taking its shareholding in UBL from 46.5% to 61.5%. Dolf van den Brink, Chairman of the Executive Board / CEO, commented: “UBL has a proud history dating back more than a century as an influential shaper of the beer industry in India. It built its position as the undisputed market leader in India with a strong network of breweries across the country and a fantastic portfolio led by its iconic Kingfisher brand family, complemented more recently by a strong HEINEKEN international brand portfolio. We are honoured to build on this legacy and look forward

Minskat antal aktier och röster i Kinnevik30.7.2021 08:00:00 CEST | Pressemelding

Kinnevik AB (publ) ("Kinnevik") meddelade idag att per 30 juli 2021 uppgår det totala antalet aktier i bolaget till 277.920.565, och det totala antalet röster i bolaget uppgår till 581.719.53. Minskningen följer av att Kinnevik har löst in 200.479 omvandlingsbara, efterställda aktier som bolaget haft i eget förvar och som innehafts av före detta deltagare i Kinneviks långsiktiga incitamentsprogram som antogs av bolagsstämman 2019 och 2020. Under juli har Kinnevik även omvandlat 42.034 incitamentsaktier av serie D 2018, 100.172 incitamentsaktier av serie E 2018 och 100.172 incitamentsaktier av serie F 2018 som innehafts av deltagare i Kinneviks långsiktiga incitamentsprogram som antogs av bolagsstämman 2018 till 242.378 stamaktier av serie B i enlighet med Kinneviks bolagsordning antagen för att implementera Kinneviks långsiktiga incitamentsprogram 2018. Till följd av denna omvandling har antalet stamaktier av serie B i Kinnevik ökat under juli och uppgår till 242.153.584. Per den 30 ju