posted
Looking good, just need to break that .027 resistance. If we can do that we will have some room to run. IMO Would like to see it run again tomarrow.
-------------------- Must be an easier way! Disclaimer: Don't buy or sell on my advice I am not a licensed broker. Posts: 424 | From: Oklahoma | Registered: Aug 2006
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posted
Just came back across this one tonight. Missed the news early today and although just an LOI. EZTO appears getting to a good buy point again. Note chart shows usually bounces well when it bottoms around .01- .011 range. The merger appears complete with Lynx so expecting a symbol change per previous PR's.
I'm keeping on radar and watching for a quick dip and volume. Could run back to .02-.025 easily.
EZ2companies, Inc. Announces Execution of Letter of Intent
MIAMI, FL -- (MARKET WIRE) -- 12/06/06 -- EZ2Companies, Inc. (PINKSHEETS: EZTO) (the "Company") announced today that it has entered into a Letter of Intent with Western Hemisphere Petroleum, Inc. ("Western Hemisphere").
The Company has agreed to acquire all of Western Hemisphere's equity in exchange for a number of shares of the Company's common stock to be determined upon the execution of a definitive agreement between the parties. Closing of the transaction is conditioned upon, among other items, the consent of the Company's largest creditor.
The Company's CEO, Francisco Acosta Coloma, commented; "We believe the acquisition of Western Hemisphere will complement the Company's recent business shift toward petroleum related operations." Following, the closing, Western Hemisphere will become a wholly owned subsidiary of the Company.
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission, which may be revised or supplemented in subsequent reports on SEC Forms 10-QSB and 8-K.
Jeff Berkowitz EZ2companies, Inc. 561-348-0524
-------------------- Growing old is mandatory!......... Growing up is optional! Posts: 527 | From: Pennsylvania | Registered: Apr 2004
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