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Mitesco (MITI) has issued an announcement.
The Company has formed a new Advisory Board, appointing three experts in cybersecurity, IT operations, and the natural food & beverage industry, to provide non-binding strategic advice with a compensation of $60,000 in restricted common stock. The stock is valued at $.80 per share, aligning with the dividend price for Series X Preferred shareholders. This initiative is part of the Company’s strategy to leverage external expertise to enhance management decisions and business growth, while also revising its dividend payment policy to issue dividends based on the closing stock price monthly, aiming to streamline the process and reduce issued shares.
See more data about MITI stock on TipRanks’ Stock Analysis page.