Post A Reply
Allstocks.com's Bulletin Board
Hot Stocks Free for All !
JBII - JBI Inc. - Plastic to Oil
» Post A Reply
Post A Reply
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by IWISHIHAD: [QB] NIAGARA FALLS, Ontario, Aug. 28, 2009 (GLOBE NEWSWIRE) -- 310 Holdings Inc. (OTCBB:TRTN - News) is pleased to announce that the Company has completed the acquisition of Javaco, Inc,, an international distributor of communications and cable gear that distributes more than 100 lines of equipment, ranging from fiber-optic transmitters to RF connectors. Javaco, Inc., a member of Inc. 5000, is a profitable, well-managed, growing company with current revenues in excess of $6 million and a strong presence in Latin America. With offices in Mexico City and Columbus, Ohio, their highly-technical staff strives to provide viable solutions for the ever complex telecommunications industry. Visit http://javacoinc.com for further information about Javaco, Inc. Javaco, Inc. was purchased for $150,000 USD and 2.5 million shares of restricted common stock. In addition, for an additional one million shares of restricted common stock, the Company acquired approximately $10 million in U.S. radio and newspaper prepaid advertising covering 10,000 newspapers and 6000 radio stations. The completed package resulted in a total asset purchase of approximately $15 million. The Company believes that the media advertising will be beneficial in promoting the expansion of the P2O technology and processors as well as the previously-announced planned acquisition of the chemical company's products and services. John Bordynuik, 310 Holdings Inc. President and CEO, stated, "We are extremely positive about the Javaco acquisition since it not only adds to our growing revenue base, but it also gives us a foothold and ability for a more rapid expansion of our P2O processors into Mexico, as well as Central and South America. Furthermore, we will use Javaco's existing people and business offices to setup and configure our communications infrastructure for our P2O processors." About 310 Holdings Inc. [/QB][/QUOTE]
Instant UBB Code™
What is UBB Code™?
Disable Graemlins in this post.
*** Click here to review this topic. ***
Allstocks.com Message Board Home
© 1997 - 2013 Allstocks.com. All rights reserved.