TAXA - Liberty Tax Owes Shareholders An Update

Liberty Tax, Inc. (the “Company”, OTC: TAXA) shareholders have been flying blind for too long and are overdue for an update from the Company on several significant items. We believe the Board and the Company owe it to shareholders to provide an immediate update on:

1. The $13 per share acquisition proposal
2. The solicitation of other interested parties regarding an acquisition of Liberty Tax
3. Review of Strategic Alternatives
4. Investor Relations and Communication Strategy
5. Capital Allocation and Dividend Strategy
6. Stock Listing Strategy

The lack of communication with the marketplace has depressed investor sentiment resulting in significant shareholder

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