Champion Investments Announces Completion of Corporate Restructuring
Champion Investments, Inc. (CHAM OTC:PK) is pleased to announce the completion of its total corporate restructuring and recruitment of a new management team to strengthen the Company’s infrastructure and implement their new business model and proprietary investment strategies.
In this challenging financial market, we are excited to offer entrepreneurs, early stage or emerging enterprises new sources of capital solutions,” said Steve Morgan, Chairman and Chief Executive Officer at Champion Investments.
In its financial restructuring the Company completed all the information necessary and requested by the U.S. Securities and Exchange Commission (SEC), retired 50 million preferred shares and eliminated over 1 billion common stock options. The Company also completed all Federal and State Tax returns from 2005 through 2014 which has resulted in an enormous tax benefit of a tax loss carryforward in the amount of approximately $9.5 million.
“Due to this restructuring, we believe our shareholders will have a special opportunity to participate in our new financial position, innovative business model and future growth,” said Mr. Morgan.
About Champion Investments
Champion Investments, Inc. (CHAM OTC:PK) is a publicly-traded corporation that intends to be treated as a Business Development Company and is headquartered in Houston, Texas. The Company makes investments in US-based early stage, emerging and small to middle-market enterprises in the technology, medical, life sciences and consumer sectors.
For more information please contact:Dr. Kerri Shomette, Vice President, Investor Relations email: email@example.com Telephone: 832.369.1008