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CORONA, Calif., March 04, 2019 (GLOBE NEWSWIRE) -- MedTainer Inc. (MDTR-OTCMARKETS) announced that the company has begun to re-position in order to attract new and diverse levels of investment and investors. This move comes in the wake of an S-8 filed with the SEC that will reduce the number of shares currently on the market, totaling 6,000,000,000, to a more manageable 100,000,000. This has been done to streamline both the public position and the operation of the company. Organizations, manufacturers and executives in both the investment and pharmaceutical-container communities have recently increased their attention in the company’s performance. MedTainer executives, after weighing the timing carefully and consulting with professionals in several disciplines, decided to proceed. MedTainer Inc. has seen a steady surge in business over the course of the last several months and a steady increase in revenues over the last two years. It’s the company’s intention to take advantage of increases in sales and revenues to enhance its position as one of the premiere global pharmaceutical packaging manufacturers.
The terms of the restructuring will be announced as they evolve. SEC documents will be filed as necessary and announcements from the company will continue as the streamlining continues. MedTainer Inc. invites anyone who wishes to participate or has any questions to contact the company by email or phone.
For investor or sales information please visit MedTainer Inc. and D&C Distributors online or by phone. The company is located in their production and distribution facility at 1620 Commerce St. Corona, California, 92880.
MedTainer Inc. trades on the OTC under the call letters MDTR. The company’s websites are www.Medtainerinc.com for the hospice and palliative care industry and www.themedtainer.com for the recreational and medical marijuana industry. Orders for MedTainer can be taken online and by phone. Custom orders are especially welcome. Please send all inquiries to info@MedTainerinc.com or call 844-226-5649. Ask for Jack Rein, National Services Director. MedTainer Inc. can also be accessed through Twitter and Instagram at @MedTainerinc
This press release includes statements that are covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to risks and uncertainties and actual results for fiscal year 2016 and beyond could differ materially from the company’s current expectations. Forward-looking statements are identified by such words as “anticipates”, “projects”, “expects”, “planned”, “intends” and “believes” “estimate” “targets” and other similar expressions that indicate trends and future events. It is understood that investment entails risk on the part of the investor and could result in the loss of some or all his or her investment.