Vision Real Estate Management and Development is pleased to report that the due
diligence process with OM Companies is ahead of schedule and the company
believes that the closing of the acquisition of OM Companies will close sooner
that anticipated.
"We are very excited that the due diligence process is going faster than
expected and the completion of the acquisition of OM Companies might happen
sooner than we anticipated." stated Daniel J. Duffy, Vice President of VRMD. "As
previously announced Vision Real Estate Management and Development plans to
apply for a listing on the American Stock Exchange promptly as possible on
completion of the acquisition of OM Companies."
"We are about to add $7,500,000 of net assets to Vision Real Estate Management
and Development," stated Donovan Rhoden, President and CEO of Vision Real Estate
Management and Development. "With four proven franchises; Two Super 8 Motels and
Two Golden Corral Restaurants, this is just the beginning for our shareholders.
Upon the completion of these acquisitions our shareholders can expect OM
Companies to achieve the following; A listing on the American Stock Exchange,
the additions of four or more new franchised operations in 2004 and six or more
franchised operations in 2005 and OM Companies, Inc revenues increasing to
$30,000,000 by the end of 2005."
Forward-Looking Statements the private Securities Litigation Reform Act of 1995
provides a safe harbor for forward-looking information made on the company's
behalf. All statements, other than statements of historical facts which address
the company's expectations of sources of capital or which express the company's
expectation for the future with respect to financial performance or operating
strategies, can be identified as forward-looking statements. Such statements
made by the company are based on knowledge of the environment in which it
operates, but because of the factors previously listed, as well as other factors
beyond control of the company, actual results may differ materially from the
expectations expressed in the forward-looking statements.
SOURCE: Vision Real Estate Management and Development, Inc.
CONTACT: Vision Real Estate Management and Development, Inc.
Daniel J. Duffy, 518-862-1676
Fax: 518-862-9247
MM still playing it, time is ticking.
The moment will soon come.
Hold one tight get ready to rock.
YEAH!!!!!!!!!!!!!!
You ready?
but why is it going down???