Fast Moving Consumer Goods, Inc. Announces Reduction in Common Stock
LAS VEGAS, NV / ACCESS Newswire / September 14, 2026 / Fast Moving Consumer Goods, Inc. (OTCID:GGII), ("Company" or "FMCG"), today announced that it recently retired 29,014,347,766 shares of common stock, representing 43.55% of all issued and outstanding common stock, that was previously held by four individuals. As a result of this transaction, the total outstanding common shares have been reduced to 37,609,403,132.
Company Chief Executive Officer, Sandro Piancone, commented, "This capital restructuring opens the path for the company to either effectuate future mergers or raise capital as we seek to build our core business of providing custom formulation, supply‑chain management, brand development, mentoring, mastermind programs, and related commercial support services to consumer‑product clients."
As consideration for retiring these common shares, the holders were issued an aggregate total of 1,000,000 shares of Series D Preferred Stock. The Series D Preferred Stock grants its holders, in aggregate, voting rights equal to 43.55% of all votes cast on shareholder matters, thus preserving the voting rights the shareholders had prior to surrendering their common shares. The Series D Preferred Stock further grants its holders the right to approve any future issuances of securities or corporate actions that could dilute their voting block.
About Fast Moving Consumer Goods, Inc.
Fast Moving Consumer Goods is a nationwide ecosystem created to educate and support new founders, celebrities, CEOs and doctors engaged in the formulation, manufacturing, launching and scaling of their fast moving consumer good's brand including beverages, beauty products, nutritional supplements, and spirits. FMCG provides beverage development and formulation, beverage manufacturing, nutritional supplement development and production, beauty products development, TikTok Live Selling, retail sales and wholesale distribution management. FMCG is the nation's first fast moving consumer goods incubator.
Media Contact
Sandro Piancone
CEO
Fast Moving Consumer Goods, Inc.
Sandro@FMCGstock.com
(619) 975-6556
www.FMCGstock.com
SOURCE: Fast Moving Consumer Goods, Inc.
View the original press release on ACCESS Newswire
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
The Smartest Moves for Bond Investors Today, and What to Do When You Have Too Many Investments
Undervalued by 15%, This Utilities Stock Could Be an Unexpected AI Winner
The Thrilling 37
3 Stocks to Sell and 3 Stocks to Buy for October
United States