My Social Income Inc. Signs Film Development Company as First Corporate Advisory Client

IRVINE, CA / ACCESSWIRE / July 31, 2015 / My Social Income Inc. (PINKSHEETS: MSOA) announced today that it has entered into its first corporate consulting and advisory agreement with a film development company. MSOA will provide advice on corporate restructuring, acquisitions, capital formation, and documentation services.

As initial payment MSOA will receive 50,000 Convertible Preferred Shares priced at $2.50 per share. These shares convert upon maturity at the par value of the client company and will bear a restrictive legend for six months. Upon maturity and conversion, these shares will likely form the backbone of a registration statement with the SEC. My Social Income Inc. will earn additional equity in the client company for any forward acquisitions that are consummated by the client.

My Social Income Inc. believes this is an important step toward its development as a future Business Development Corporation. The securities it earns are booked as equity on its financial statements. MSOA plans to offer its corporate advisory services to other issuers and to finance its subsidiaries from its earnings while building shareholder value by increasing net shareholder equity in My Social Income, Inc.

About My Social Income Inc.:

MSOA offers a wide array of communication services and specializes in tailoring these services to create Value Networks for its customers that can be extended to large groups of members, sales affiliates or other interested parties. The value of the network is its furnishing of free unlimited, in-network services to all network members; low-cost local and long distance calling; access to numbers outside the network for all members; high-value custom calling services to all members including voice messaging, email services, conferencing services, fax via email, automated attendant and advanced call processing to all members. It also includes customized small business services to any corporate sites, and custom VIP consulting services to all company principals and key personnel.

Safe Harbor Statement

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

For more information please contact:

Colleen A. Schmidt, CEO, My Social Income, Inc. 949-535-5242
cschmidt@mysocialincome.com http://gcn.globalcommunicationsnetwork.net/

SOURCE: My Social Income, Inc.

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