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[QUOTE]Originally posted by brackep: [QB] NOT TO FORGET: Winsted Holdings Seeks Acquisition Candidates for Expansion [b]Wednesday February 28, 8:45 am ET [/b] DALLAS, TX--(MARKET WIRE)--Feb 28, 2007 -- Winsted Holdings, Inc. (Other OTC:WNSH.PK - News), a Business Development Company (BDC), is pleased to announce that it [b]has been approached by multiple companies who have expressed interest in either absorbing the entire company or reverse merging themselves into Winsted. Additionally, Winsted is searching for acquisition candidates under its BDC mandate[/b]. ADVERTISEMENT "Winsted has a [b]great business model[/b] and some folks have taken notice of our company," stated Winsted CEO Mark Ellis. "We have been approached by firms which have been doing some research in the publicly traded arena in general and us in particular. While it is [b]very flattering to be desired and sought after, our primary focus is still to grow our business through the growth of our holdings and expansion through new acquisitions[/b]." Ellis further stated, "This is not to say that we are not interested in being part of a possibly greater opportunity. On the contrary, we are assisting these firms with their due diligence. It is important to us that they understand our hard fought battles and hardships we have overcome. Working closely with these firms also affords us the opportunity to study them and how they may [b]benefit our shareholders[/b]." "There are some collateral benefits to this distracting due diligence process. While we are trying to win over the hearts of our admirers, it gives us an opening to showcase our company. Wall Street may not have taken notice thus far, but in this courtship, we are taking center stage. [b]It is our time to shine[/b]," concluded Ellis. [/QB][/QUOTE]
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