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nothing more than MMs in play .. you can't just shoot for 0.1 0.5 or whatever in one day .. i read the PR .. i recommend you read them .. then compare it to any scam pinks or OTCBB's .. this does not belong to BB .. its real!!
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Empyrean Holdings, Inc. Reaches Development Portfolio of $50 Million Jul 1, 2005 9:28:00 AM Copyright Business Wire 2005 HOUSTON--(BUSINESS WIRE)--July 1, 2005--
Though only halfway through fiscal 2005, Empyrean Holdings Inc. (OTCBB:EPYH), a national real estate holding company, has already had a phenomenally productive year. Since its initial acquisition of Tradewinds International Corp. a few months ago, Empyrean has established a diverse portfolio of development projects totaling nearly $50 million and has initiated several strategic relationships that is giving the company a significant competitive edge in several markets.
Earlier this year Empyrean initiated an aggressive Business Development Plan focused on developing a portfolio of hard real estate assets whose core characteristic was high anticipated income and 3-year appreciation potential. As a result of its activities, the company has become involved in over $50 million in projects in California, Florida, Wisconsin and Missouri and continues to analyze additional opportunities. Profiles of their projects will appear on Empyrean's website within a few weeks.
CEO Robert L. Lee is delighted, "Our company is doing phenomenally well. So far this year, we have located a corporate office location in Houston, opened satellite offices in Florida and California, and engaged in several strategic relationships with construction, property management, and real estate and mortgage companies. Our relationship with United Construction Group is proving to be an outstanding arrangement as we are getting the ability to participate in a prime selection of UCG's current and upcoming projects as an insider and could not ask for a better opportunity. This gives us the ability to cherry-pick the projects that we feel have the greatest profit potential while not incurring all of the traditional development risk. There is much more to come, we are only half-way through the year and only half-way through the initial stage of our plan. Things are going so well that we are expanding our horizons further and are extremely confident that our shareholders are going to be as excited as we are with what's to come."
Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
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Rolling back up wth this PR machine .. great company
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Press Release Source: Empyrean Holdings Inc.
Empyrean Holdings, Inc. Commits to $70 Million Orlando Development Thursday July 7, 9:35 am ET
HOUSTON--(BUSINESS WIRE)--July 7, 2005--Empyrean Holdings Inc. (OTCBB:EPYH - News), a national real estate holding company announced today that it has committed to a $70 million real estate development in one of the hottest tourist areas in the country - Orlando, Florida. Recently through several key relationships that the company has in the Orlando market with several large property owners, management was able to arrange participation in the pending property purchase and maintain development rights. The company is currently analyzing the best utilization to maximize profit potential but is confident that the property will be used for timeshare condos due to its favorable location within 1/2 mile of one of the largest theme parks in the area. Management anticipates selling a large amount of the unit participation to the European market specifically due to the very favorable exchange rate for European investors and the entertainment value that the major theme parks in Florida represent.
CEO Robert L. Lee stated, "Anyone who knows real estate knows that southern Florida has been one of the fastest appreciating markets in the country in recent years. Orlando, which is situated in central Florida has also been directly affected by this trend and it is anticipated by real estate professionals this will continue for several years to come. We are committed to increasing shareholder value and feel that we have found a significantly undervalued property. Due to the financial structures that can be utilized for this type of development, we also anticipate that this project will self capitalize a significant portion of the development costs. This will assist to limit the financial impact the project will have on Empyrean and allow it to become a very profitable endeavor for the company."
Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
-------------------------------------------------------------------------------- Contact: Empyrean Holdings Inc., Houston Robert L. Lee, 713-260-7236 www.epyh.com
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they're losing me money! damn! i always buy at its peak! in @.047![[Smile]](smile.gif)
