Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
VRMD new out!
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by mediamaker: [QB] Here it is. This was posted on Allstocks on Feb 14th... ALBANY, N.Y., Feb 11, 2004 (BUSINESS WIRE) -- Vision Real Estate Management and Development, Inc. (Pink Sheets: VRMD), is updating all shareholders and potential investors on the status of the proposed acquisition of OM Companies, which was announced on January 22, 2004. 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 [URL=http://WWW.VRMDCORP.COM]WWW.VRMDCORP.COM[/URL] [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2