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Oncology Med, Inc.'s Merger Partner, Haz Holdings, Inc., Announces Agreement between Its Hotel Marquis & Suites and Certain Airlines to Provide Passenger Accomodations
Last update: 2/12/2007 10:00:46 AMSEATTLE, Feb 12, 2007
(BUSINESS WIRE) -- Oncology Med, Inc. (ONCM) ("Oncology Med" or the "Company"), today announced that Hotel Marquis & Suites ("Hotel Marquis") (), the wholly-owned hotel chain of its merger partner, Haz Holdings, Inc., a Delaware corporation ("Haz Holdings"), has entered into agreements with Air France, American Airlines, China Airlines and Continental Airlines to provide accommodations to stranded air travelers who are booked on flights departing from George Bush Intercontinental Airport in Houston, Texas and San Antonio International Airport in San Antonio, Texas.
Under the agreements, passengers on these airlines whose flights are overbooked, delayed for an extended period and/or cancelled are entitled to receive vouchers good for a complimentary room at either the Hotel Marquis and Suites Intercontinental Airport hotel in Houston or the Hotel Marquis Airport in San Antonio. Hotel Marquis bills the airlines for those rooms issued to passengers presenting vouchers upon check-in. Karim Bhanji, CEO of Haz Holdings Inc., stated, "We are delighted that these airlines have chosen Hotel Marquis to provide accommodations to passengers who may face unexpected changes in their travel plans."
The Company announced on February 5, 2007 that it has entered into an agreement to merge a wholly-owned subsidiary of the Company into Haz Holdings, Inc. The Company expects the merger to be completed sometime in March 2007.
About Haz Holdings, Inc. Haz Holdings owns and manages three mid-scale, full-service hotels in the United States and Canada, under the brand names "Hotel Marquis & Suites" and "Marquis Inn & Suites." Its existing portfolio includes the 174-room Hotel Marquis and Suites Intercontinental Airport hotel in Houston, Texas, the 203-room Hotel Marquis Airport in San Antonio, Texas, and the Marquis Inn & Suites, a 30-room economy hotel with 70 recreational vehicle units in Edmonton, Alberta, Canada. Management for Haz Holdings estimates its hotel portfolio current market value of $16 million dollars. Haz Holdings estimated 2006 year revenue of approximately $4 million dollars. Additionally, Haz Holdings wholly-owns four subsidiary businesses: Mortgage and Financial Institute, LLC, an early stage mortgage broker in commercial and residential lending in Washington and Alaska, Nationwide Hotel Management, LLC, a hotel management company, KB Realty Group International, LLC, a commercial and residential real estate sales company, and Evergreen Sound Construction, LLC, a commercial and residential development company. More information about Haz Holdings, Inc. can be found at .
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Man how much pressure are they going to let build in this r/m stock. Time to let it gooo! Where are the groupies Posts: 251 | From: nashville | Registered: Jan 2007
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How can i sign-up to be a MM so i can make some real money and short the crap out of stocks??(imo) Posts: 251 | From: nashville | Registered: Jan 2007
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Guys from I-hub received e-mails from company IR that current float is 165,000,000(imo)
Posts: 251 | From: nashville | Registered: Jan 2007
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partial filled.. got 175k... waiting for another 325k at 0.0012... seems to be a good price to get in... what do u say guys?
Posts: 21 | Registered: Jan 2007
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