VIP* Comlink, Inc. Announces Letter of Intent for Merger Thursday November 2, 10:09 am ET
SALT LAKE CITY--(BUSINESS WIRE)--VIP* Comlink, Inc. (Pink Sheets:VIPM - News) announces today that it has signed a letter of intent to merge with Pure Energy International, LTD. (the "Company"). The Company is a California holding corporation primarily focusing their attention on the health and nutrition industry. ADVERTISEMENT
We are particularly enthusiastic about this transaction because, the Company has a solid business plan and the management team has demonstrated a long history of profitable operations without incurring debt.
We anticipate closing the transaction around the first of next year. This will give us time to complete our full due diligence before finalizing the transaction. Shareholders from both VIP* Comlink, Inc. and Pure Energy International, LTD. will need to vote on the merger prior to finalizing the transaction.
Mark Helms, CEO, states, "This is the real deal. We are embarking on a strategic plan to bring real value to the shareholders through mergers and acquisitions that will have a direct impact on the long term profitability and overall attractiveness of VIP* Comlink. I believe that the future is promising for the company and the shareholders."
Mr. Helms reiterates, "Our primary motivation is for the well-being of our shareholders. The Boards decision to seek a merger candidate, at this time, stems from the many years of business strategies from within that have not developed as we had all hoped. This new opportunity is possibly the best thing that has happened to VIP in over twenty years."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "estimates," "believes," or statements indicating certain acts (such as "may," "could," "should," or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: VIP* Comlink, Inc. Mark Helms, Chairman & CEO, 801-305-4153 mark.helms*vipcomlink.com http://www.vipcomlink.com or Pure Energy International, LTD. Alan Powers, CFO alan*purenrgintl.com Source: VIP* Comlink, Inc.
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GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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Live Exclusive Interview with VIP* ComLink, Inc. on ***.com Thursday November 2, 10:11 am ET
SALT LAKE CITY--(BUSINESS WIRE)--Mark Helm, CEO of VIP* ComLink, Inc. (Pink Sheets:VIPM - News), will be featured live on Market News First (www.***.com) for an exclusive interview with the *** news team. The interview is scheduled for Thursday, Nov. 2, 2006 at 11:00 a.m. CST. ADVERTISEMENT
VIP* ComLink is currently in a rebuilding phase in the lifecycle of the company.
Join Market News First and VIP* ComLink for details on the company's plans to merge with Pure Energy International LTD., a California holding corporation primarily focused on the health and nutrition industry.
The company's Board of Directors, which is also VIP* ComLink's management team, includes Mark Helms serving as Chairman and Chief Executive Officer, Tim Chou serving as Chief Financial Officer, and Jim Durkin serving as Chief Operating Officer.
Join Mark Helm to learn more about the goals of the company, as well as its position in the stock market.
About ***.com
Market News First is an online, market news provider that brings investors current news on the market. Market News First is the only online, live radio web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE.
Through daily, live interviews, we bring you up to date on all the established companies and inform the investors of the newest opportunities within the market. Market News First offers one-on-one interviews with the presidents and CFOs of companies to deliver answers to the questions that investors may ask and provides them insight into the companies' present condition and future plans.
Contact: Market News First Angela Junell, 214-461-3400 Source: Market News First
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GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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posted
An hour earlier would of been ideal. With a 3200% increase already I dont think there is much room at this point.
Posts: 17 | From: Orange County, CA | Registered: Nov 2006
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posted
true, but yesterday's close was at .0005 while the ask was at .01 thus the bigger-than-life % increase variance. we'll see. i don't have much in it, but worth a shot.
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GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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posted
well, we shall see hope i donot lose on this, useing profits from ckgr, just a small position myself in case she runs...
Posts: 572 | From: usa | Registered: Aug 2006
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mergers are ussually good runners, should get info on the company merging into this one soon, hopefully
Posts: 572 | From: usa | Registered: Aug 2006
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M N 1 is talking about VIPM right now. interview is in 5 minutes. should be interesting. this andrew coffey dude seems like just a rambling idiot. he keeps asking if there's a PR out on VIPM about the interview and merger, etc. when it's been out for hours. doesn't he have f'n internet and Yahoo finance?!?!? it's THAT simple. he's a total bear and seemingly an idiot. hopefully these VIPM heads don't fall into his **** and stand their ground with what they're doing and lay it out straight and don't get distracted by coffey's idiocy and malinformation.
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GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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posted
Please let us know how the interview goes. I can't watch it for some reason
Posts: 2049 | From: Jax,FL,USA | Registered: Nov 2003
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posted
really glad i only bought a few hundred bucks of this play. i'll hold 'til jan. or feb. and see what happens. after that if nothing impressive comes... ugh, take my punches and get out. good luck! :-)
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GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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posted
guy's an f'n idiot... for real. has absolutely NO idea on how to PR and promote the positives of any company. wouldn't give one iota of information about pure energy corp. not really sure what else to say other than he was a total idiot.
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GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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posted
i'm still shaking my head at the answers i got to the questions i posed. i'm gonna call him right now and try and give him some enlightenment on direction... such as NO R/S and do a buyback on the 500 mil oustanding. i mean f*ck! it would only take $20,000 to buyback 400 million on the open market and then if this new company has ANY revs at all, and insiders owned 50 million the low public float at 50 million could make this a huge play. geez, f'n idiot, seriously. i'm in shock as to the kind of people that run these companies and PR moves made.
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GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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I think CAGR will have a 2nd one... it's holding up well in that 9 to 11 range again...... still not below 9c in 4 or 5 dips to that level.... kewl
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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Phat, I think you have a number wrong somewhere. 400million x .005 = $2million not $20,000. Am I missing something?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
My scan shows a high of .02 for the day (not .75) with a spread of .0016 x .03 . The MM's are way out of line and using the carrot and the stick trick - one of many in their bag of same. Put yourself in THEIR shoes and ask yourself what YOU would do if you had to make $18k PER DAY for the privelage of trading on the floor. NEVER CHASE THE PRICE!!!
And forgive me if I missed it but exactly where in the PR did it say "reverse merger". All I see is the word "merger" repeated several times over with no mention of a R/M . There's a world of difference between the two where a shell like VIPM is concerned. And the infamous "letter of intent" doesn't give me goose bumps either.
They are NOT a legal and binding contract and I've seen to many of them get tossed in the trash over the slightest disagreement between the parties involved. Not bashing. VIPM is a clean shell with the potential of outrunning LFZA if she can find the right candidate for aquisition. I hope she does.
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
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