LAGUNA HILLS, CA, July 30, 2018 (GLOBE NEWSWIRE) -- Megola, Inc. (PINKSHEETS: MGON) The Company has begun the formal application process with OTC Markets to update key company information and also located former management to obtain previous financial reports for purposes of consistency and proper disclosure. The company plans on having its financial statements audited in the near future in order to qualify as a fully-reporting issuer and these filings and re-filings will make that process much more efficient, both for time and cost savings.

Megola, Inc. is currently operated by TheShare.TV is and is the first and only Social TV network channel for addiction treatment and recovery lifestyles. The network is developing, producing, and distributing original addiction treatment and sober lifestyle television programming to a worldwide audience. The original programming promotes long term recovery, inspiration and awareness through education, support, music, and entertainment.

TheShare.TV is a Social TV Network Channel and will distribute its content via proprietary apps, websites, and known social media networks. From time to time the company will provide information which may be considered material updates via Social Media networks such as Facebook, Google Plus, YouTube, Twitter, and Instagram. For those interested in the most recent updates of the company, below are related links to follow.

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Safe Harbor Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

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CONTACT: For further information contact:
John Stippick
Megola, Inc.
Phone: (310) 986-6373