Fast Moving Consumer Goods, Inc. Announces Reduction in Common Stock

FMCG slashes its common share count while issuing Series D preferred that preserves a 43.55% voting block with anti-dilution approval rights.

Rhea-AI Summary

Fast Moving Consumer Goods (GGII) retired 29,014,347,766 common shares, or 43.55% of its issued and outstanding common stock, that were held by four individuals. This reduced total outstanding common shares to 37,609,403,132.

In exchange, the former common holders received an aggregate 1,000,000 shares of newly issued Series D Preferred Stock. The Series D Preferred grants, in aggregate, voting rights equal to 43.55% of all votes cast on shareholder matters and gives its holders the right to approve any future securities issuances or corporate actions that could dilute their voting block. The CEO said this capital restructuring is intended to support potential mergers or capital raises to expand the company’s consumer‑product support services business.

Positive

• Common shares retired: 29,014,347,766, equal to 43.55% of prior outstanding
• Outstanding common shares reduced to 37,609,403,132 after the transaction

Negative

• Series D preferred holds 43.55% of voting power despite reduced common holdings
• Series D preferred can block future dilutive issuances or corporate actions

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

LAS VEGAS, NV / ACCESS Newswire / September 14, 2026 / Fast Moving Consumer Goods, Inc. (OTCID:GGII), ("Company" or "FMCG"), today announced that it recently retired 29,014,347,766 shares of common stock, representing 43.55% of all issued and outstanding common stock, that was previously held by four individuals. As a result of this transaction, the total outstanding common shares have been reduced to 37,609,403,132.

Company Chief Executive Officer, Sandro Piancone, commented, "This capital restructuring opens the path for the company to either effectuate future mergers or raise capital as we seek to build our core business of providing custom formulation, supply‑chain management, brand development, mentoring, mastermind programs, and related commercial support services to consumer‑product clients."

As consideration for retiring these common shares, the holders were issued an aggregate total of 1,000,000 shares of Series D Preferred Stock. The Series D Preferred Stock grants its holders, in aggregate, voting rights equal to 43.55% of all votes cast on shareholder matters, thus preserving the voting rights the shareholders had prior to surrendering their common shares. The Series D Preferred Stock further grants its holders the right to approve any future issuances of securities or corporate actions that could dilute their voting block.

About Fast Moving Consumer Goods, Inc.
Fast Moving Consumer Goods is a nationwide ecosystem created to educate and support new founders, celebrities, CEOs and doctors engaged in the formulation, manufacturing, launching and scaling of their fast moving consumer good's brand including beverages, beauty products, nutritional supplements, and spirits. FMCG provides beverage development and formulation, beverage manufacturing, nutritional supplement development and production, beauty products development, TikTok Live Selling, retail sales and wholesale distribution management. FMCG is the nation's first fast moving consumer goods incubator.

Media Contact
Sandro Piancone
CEO
Fast Moving Consumer Goods, Inc.
Sandro@FMCGstock.com
(619) 975-6556
www.FMCGstock.com

SOURCE: Fast Moving Consumer Goods, Inc.

View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the former common shareholders receive for surrendering 29,014,347,766 common shares?

As consideration for retiring 29,014,347,766 common shares, the four holders were issued an aggregate total of 1,000,000 shares of Series D Preferred Stock.

What voting rights are attached to the Series D Preferred Stock?

The Series D Preferred Stock grants its holders, in aggregate, voting rights equal to 43.55% of all votes cast on shareholder matters, preserving the voting rights they held before surrendering their common shares.

What additional protective rights do Series D Preferred holders have?

The Series D Preferred Stock grants its holders the right to approve any future issuances of securities or corporate actions that could dilute their voting block.

How does FMCG describe its core business following this capital restructuring?

FMCG describes its core business as providing custom formulation, supply‑chain management, brand development, mentoring, mastermind programs, and related commercial support services to consumer‑product clients, including beverages, beauty products, nutritional supplements, and spirits.