NetworkNewsBreaks – Altavoz Entertainment, Inc. (AVOZ) Issues Shareholder Update; Inks MOU with Nurish.Me, LLC
Altavoz Entertainment (OTC: AVOZ) this morning announced that it has inked a memorandum of understanding (“MOU”) with Nurish.Me, LLC regarding a merger of the companies. Per the terms of the merger, Altavoz will issue preferred shares to the holders of Nurish.Me’s interests. Following the conclusion of the merger, Altavoz’s current business, including its debt, will be spun out to become a private entity owned and controlled by the company’s founder, Nelson Jacobsen. The company anticipates the merger will significantly improve its balance sheet and capitalization table. In accordance with the restructuring, the Altavoz Entertainment board and CEO have resigned and…







