SFLM - SFLMaven CEO returning 300M common shares as part of shareholder value protection campaign

High-end luxury goods company SFLMaven's (OTCPK:SFLM) CEO, Joseph Ladin, is voluntarily returning 300M shares to the company's treasury. It is an initial step in SFLM's shareholder value protection campaign, which intends to reduce outstanding shares to protect shareholders from dilution risk. The move reduces the total outstanding shares by 15%. The company is set to announce additional proactive measures targeting the agenda in future communications.

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SFLMaven CEO returning 300M common shares as part of shareholder value protection campaign