Video River Networks, Inc (OTCMKTS: NIHK) has expressed displeasure and wants stock promoters to be careful with what they do. This Electric Vehicles and Battery Technology holding company outlines that it has nothing to do with the recent OTC Market’s move to tag its profile. The company wants all its investors and the other interested parties to know the truth and has thus distanced itself from any stock promotion endeavors.
Company displeased by the promotional move
Video River Networks, Inc believes that it is unfair for any person or organization to use any company in promotional endeavors without seeking approval from the concerned party first. Whether or not the promoters will make changes remains to be a matter of speculation.
The company has reached out to all its shareholders and investors to explain the matter at hand. It calls upon all of them to be careful about any information they consume, pointing out the recent incidence as misleading. It asserts that the statutory Edgar filings are the information source that the shareholders and investors could upon. It also points out its press releases as a trusted source of information about most business undertakings.
The company admits that it isn’t easy operating as a holding business managing Machine Learning and Robotics (“EV-AI-ML-R”) assets, Artificial Intelligence, and Electric Vehicles. However, it has been using some world-class tools and relying upon experts to succeed in most business operations.
New business partnership
The other thing has to do with the company’s subsidiaryAmerican Electric Vehicles and Battery Technology collaboration with China’s Singstar Co. The two companies seek to develop the Xian Levs Electric Vehicles and Battery Technology Development Co. Ltd.
The President and Chief Executive Officer of the Company Mr. Frank I Igwealor opines, “We continue to believe that Video River Networks, Inc. is in the right place at the right time through prescient strategic pivot into EV, Ai, Machine-Learning and Robotics and founding a dynamic JV partner like Lingstar.”
 Points An Accusing Finger To Promoters Over The Current Stock Promotion){kind=link}