JAVA (450 463 310) · Modifications diverses · n° 660 · 07/25/2018

The company JAVA has carried out a modification of its share capital, the amount of which changes from ** to 1,950€, effective as of 07/25/2018. This formality, recorded on and published by the registry of GREFFE DU TRIBUNAL DE COMMERCE DE MONTPELLIER, concerns the business with SIREN number 450463310, whose registered office is located at . The transaction may reflect an increase in capital, through cash contributions from shareholders, incorporation of reserves or shareholder current accounts, or alternatively a reduction in capital, intended to absorb losses, buy back shares or strengthen the financial structure. The announced amount is the one appearing in the articles of association after the formality, and it is this amount that prevails against third parties. The decision was made under the conditions provided for by law and the articles of association, with the agreement of the shareholders convened in a general meeting or according to the rules specific to the company's legal form. The modification was then recorded in the trade and companies register, and subsequently announced in the BODACC under number 660, published on 07/25/2018. This publication makes the new financial situation enforceable against all those who deal with the company. This modification of share capital says a great deal about the health of JAVA and about the confidence of its shareholders. An increase in capital means that those who know the company best have agreed to put more money into it : this is a positive signal for suppliers, banks and customers, who see the company's financial standing being strengthened. It can finance an investment, support growth or restore equity weakened by difficult years. A reduction in capital, on the other hand, often accompanies the absorption of past losses, which is not necessarily a bad sign : by cleaning up the balance sheet, the company starts again on a sounder basis and prepares for the future. For creditors, the published amount is a reference figure, the minimum guarantee on which they can rely, even though the law regulates transactions that reduce the guarantees offered to third parties. For shareholders, the change alters the value of their shares and sometimes their rights, depending on whether the transaction redistributes or concentrates the capital. By publishing these notices, the BODACC enables everyone to track changes in the financial strength of the companies they work with, and to react before it is too late. This is a company created in 2003, which showed 15 years of existence at the time of this formality. Its sector, Autres services personnels, has a failure rate of 0,7** % over the past year, an indicator that sheds light on its situation.