SIMI VALLEY, Calif.,
Aug. 26, 2016, /PRNewswire/ -- On or
around August 26, 2016, Airborne
Wireless Network, a Nevada
corporation (the "Company"), became aware of certain promotional
activity regarding its common stock.
The Company believes that such activity is due to the Company's
press releases and recent filings with the SEC regarding the
Company's acquisition of certain intellectual property and the
Company's unique business plan, which have attracted attention,
including from traders and investment publications.
Recently, the Company's press releases and SEC filings combined
with those investment publications seem to have caused an increase
in the number of the Company's shares traded and the trading prices
of those shares. Accordingly, on August 26,
2016, the Company caused to be prepared and filed with the
SEC a Current Report on Form 8-K to keep the markets informed
in an accurate and timely manner regarding the Company's current
situation.
The Company, its officers, directors, and controlling
shareholders (defined as shareholders owning 10% or more of the
Company's securities) have not, directly or indirectly, been
involved in any way (including payment of a third party) with the
creation or distribution of promotional materials related to the
Company and its securities.
The Company, its officer, director, or controlling shareholders
have not sold or purchased securities within the past 30 days.
The Company has not at any point issued shares or convertible
instruments allowing conversion to equity securities at prices
constituting a discount to the current market rate at the time of
the issuance.
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SOURCE Airborne Wireless Network