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DAVI LUXURY BRAND GROUP INC. (“Company”) MDAV, +0.00% announced today that its board of directors has determined that voluntarily deregistering the Company’s common stock from the reporting requirements of the Securities Exchange Act of 1934, as amended (“Exchange Act”), are in the best interests of the Company. The Company is eligible to deregister its stock because it has fewer than 300 stockholders of record.

Published in People and Money