CV Holdings, Inc. Update and Financial Statements For Year Ended December 31, 2015

April 25, 2016

NEWPORT BEACH, Calif., April 25, 2016 /PRNewswire/ -- CV Holdings, Inc. (Other OTC: CVHL) (the "Company") today reported a net loss for the year ended December 31, 2015 of $(2,123,270) or $(0.05) per common share with a weighted average of 44,029,555 common shares issued and outstanding during 2015. Taking into account the December 31, 2015 balance of 48,704,098 common shares issued and outstanding and 14,137,095 warrants and stock options outstanding, the net loss was $(0.04) per diluted common share with 62,841,193 common shares outstanding on a fully diluted basis. The foregoing numbers do not include 22,788 shares of issued and outstanding redeemable preferred stock of the Company, none of which are convertible into shares of the Company's common stock. Read More