MC Endeavors, Inc. Comments on Recent Unusual Stock Trading Activity

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AUSTIN, Texas--(BUSINESS WIRE)-- MC Endeavors, Inc. (PinkSheets: MSMY) has released the following comments on the unprecedented high trading volume in its common stock on Monday and Tuesday of this week.

Tim Algier, CEO stated, “MC Endeavors, Inc. has been receiving numerous phone calls with questions asking why we had this high volume and dip in stock price over the past two days. The company would like to address some of the prominent questions we have received with this press release and offer assurances to our shareholders and investors of our direction.”

  1. We have not engaged in any toxic financing, i.e. death spiral financing, Regulation D Offering, convertible debt financing, or any other type of toxic financing at this time.
  2. The shares structure stated in our Issuer Information Statement that was filed pursuant to PinkSheet Reporting Requirements is current and correct.
  3. We are not now, nor have we in the past, engaged in the practice of pledging treasury shares with financial institutions, angel investors, or venture capitalists.

According to the records provided by the Depository Trust & Clearing Corporation (DTCC) it would appear that more than half the float traded on Monday and Tuesday. At this time we have no confirmed explanations for this volume. We intend to continue to investigate the reasons for this activity and we are in the process of exploring the issues known and yet to be discovered accordingly. If any illegal activity has taken place we will consider taking any actions our legal counsel advises us on. We hope this communication assists our shareholders and other investors with some of your concerns and questions.

Please know that MC Endeavors, Inc. is committed to moving forward and building shareholder equity as responsibly and quickly as possible. We will continue to focus on the building of this company and we intend to make every effort to update you concerning our achievements and progress.

MC Endeavors, Inc. (aka MCE)

  • International Smart-Grid Home Builder
  • Disaster Resistant Building Systems
  • Independent Self-Sustainable Community Developer
  • Green Master Planning – LEED Certified
  • Solar Energy & Wind Energy
  • Multi-Fuel Powered Generators
  • Oil & Sewer Digestion & Remediation Systems
  • Water Remediation & Retention Storage Systems

FORWARD-LOOKING STATEMENTS

The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward–looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward – looking statements whether as a result of new information, future events or otherwise.



CONTACT:

MC Endeavors, Inc.
Ricki Groetzmeier
949-916-9599
Investor.Relations@MCEndeavors.com
www.MCEndeavors.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:   Building Systems  Energy  Alternative Energy  Architecture  Urban Planning  Construction & Property  Residential Building & Real Estate

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