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WNSH!!!.0002 REVERSE MERGER coming soon!!
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[QUOTE]Originally posted by lukin4winners: [QB] NEWS out! Francis Manzo reiterates appletree takeover and future plans for WNSH...watch it! Appletree Capital Takes Over Winsted Holdings and Announces New Control Jul 13, 2007 11:15:00 AM Copyright Business Wire 2007 NORTHFIELD, Ill.--(BUSINESS WIRE)-- Winsted Holdings, Inc. (Pink Sheets:WNSH) updates the market and announces new control by Appletree Capital Ltd. New CEO and President Francis Manzo stated, "My objective for Winsted is to turnaround a stagnant situation and create shareholder value through innovative strategies." Former CEO Mark Ellis has resigned from the company and is no longer related or involved with the company. Winsted plans to change from a BDC to a Holding company format. This format will allow Winsted, through Appletree Capital and its partners, to bring multiple solid private companies into the public venue. Mr. Manzo went on to state, "We intend to use the same formula as Appletree Capital currently does in order to expose viable private companies to the public capital markets and to our venture capitalists." Winsted is developing a new website http://www.winstedholdings.com in order to keep our shareholders informed on the company's progress through this transitional period. The company and Appletree Capital are also in the process of reviewing reverse merger candidates. Some of these candidates are in the sectors of food, retail, consumer products, and financial firms. Further updates will be forthcoming [/QB][/QUOTE]
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