Canglobe Issues Shares to Settle Debt.EDMONTON, Alberta -- Canglobe International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CGLB), has issued 4,497,928 shares of its common stock to satisfy its $236,862.40 indebtedness INDEBTEDNESS. The state, of being in debt, without regard to the ability or inability of the party to pay the same. See 1 Story, Eq. 343; 2 Hill. Ab. 421. 2. with creditors. Except for historic information contained herein, the disclosures made in this release constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the federal securities laws including section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by these sections. For more information on Canglobe International, Inc., please contact Lisa Jacobson Tel: 1-780-428-6002 Fax:1-780-428-6042. |
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