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Liberty Diversified Holdings, Inc. Reports Completion of Merger With H. Markoni LLC, Importer and Distributor of Alcoholic Beverages 16 minutes ago - PR Newswire
Liberty Diversified Holdings, Inc. (Pink Sheets: LDHG) announced today that it has acquired H. Markoni, LLC a Nevada corporation, in a stock-for-stock transaction. H. Markoni, LLC, which also does business under the name of Spirits of the South Pacific, is now a 100% wholly-owned subsidiary of Liberty Diversified Holdings, Inc. The management teams of both companies will likely remain in place and a new Board of Directors will be formed that will include current Board Members from both companies.
H. Markoni, LLC was formed in 2006 to import and distribute alcoholic beverages into the United States. The company's initial focus is on the tropical libations market, particularly the hot-selling flavored white liquors and liqueurs, with plans to expand into a complete product line within the coming year. The company has already formed a strong multi-ethnic distribution network and established solid relationships with several foreign distilleries, including obtaining exclusive rights to import and distribute products in the U.S. from one of the world's oldest and most respected distilleries. U.S. distribution networks are already in place, label approval is expected within the next few days, and the company plans to have its initial products on the shelves within the next 30-45 days.
Commentary
In response to these announcements, Ronald C. Touchard, Chairman and CEO of Liberty Diversified Holdings, Inc., stated, "We are very pleased to announce the acquisition of H. Markoni, LLC, and the retention of its Founders, Brian and Cindy LaRosa, as CEO and President of the subsidiary. This acquisition gives us immediate entry into the highly lucrative alcoholic beverage import industry with a product line that is both unique and timely. We are committed to providing the management oversight and additional capital that will allow H. Markoni to grow more quickly and then escalate its impact in the market place. We are very excited about the future of Liberty Diversified Holdings and H. Markoni, LLC and look forward to making additional major announcements very soon."
Cindy LaRosa, Co-Founder and President of H. Markoni, LLC, added, "We have worked very hard to develop our relationships with providers abroad as well as a solid distribution network here in the U.S. Preliminary interest for our first product has far exceeded our initial expectations and it became clear to us that we needed to prepare ourselves now for rapid growth and expansion into new market segments. The merger of H. Markoni with Liberty Diversified Holdings provides us with the best of all possible worlds. Our current management team will remain in place to see this vision through to completion, while Liberty Diversified's management and marketing experience and access to capital markets will allow us to move forward much more quickly."
About Liberty Diversified Holdings, Inc.
Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through growth of its subsidiaries as well as acquisitions, mergers and joint ventures. For more information email rtouchard*libertydiversifiedholdings.com or call (949) 376-4846.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward- looking statements whether as a result of new information, future events or otherwise.
SOURCE Liberty Diversified Holdings, Inc.
Recent Market News August 31, 2007 12:00PMSCAP Most Actives At 12:00 P.M. 12:00PMUS Markets' Holiday Schedule For Labor Day 12:00PMNMS Most Actives At 12:00 P.M. 12:00PMAMEX Most Actives At 12:00 P.M. 12:00PMNYSE Most Actives At 12:00 P.M. 12:00PMArgentina Central Bank Holds ARS300 Mln Repo Swap Auction -2- 12:00PMTrico Marine Services Names Gerald Gray VP Of Intl Operations 12:00PMDow Jones NOON Averages: DJIA 13367.98 UP 129.25 12:00PMKey Interest Rates At Noon EDT; 10-Yr Note Yld 4.521% 12:00PMFitch Affirms Bishopsgate CDO Series 2005-04 At 'AAA' 1, 2, 3, 4, 5 ... Next 5
Start a fire in your backyard and throw as much money as you can hold in two hands into it. Then have someone kick you in the junk while you're watching it all burn...
After all that you'll probably come out ahead, and have a better time than if you bought into this steaming POS...
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This is the one that was LDHI until the reverse split a couple of weeks ago, right? Weren't they making an exercise bike that Rosie O'Donnell almost died on?
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Liberty Diversified Holdings, Inc. Subsidiary Spirits of the South Pacific Outlines Marketing Strategy for Paradise Mango Rum Liqueur and Plans for Future Products
Oct 4, 2007 10:12:00 (ET)
ORANGE, Calif., Oct 04, 2007 /PRNewswire-FirstCall via COMTEX/ -- Spirits of the South Pacific, a wholly owned subsidiary of Liberty Diversified Holdings, Inc. (Pink Sheets: LDHG), today released its marketing strategy for Paradise Mango Rum Liqueur, which it will begin importing and distributing in the U.S. later this month. The company also announced that it expects to release its initial revenue and income projections within the next 7-10 days.
According to industry pundits, the major trends defining the current alcoholic beverage market are "premiumization" and "increased health awareness." Many consumers now want to enjoy better quality, more indulgent products while moderating drinking to avoid health issues. The company believes its Paradise Mango Rum Liqueur will appeal to both the highbrow and health-conscious demographics because if its inherent and unique blend of premium rum and ripe Philippine mangoes. Over the next 5 years, Spirits of the South Pacific plans to introduce a full line of mango-based products under the Paradise Mango label. The company's goal is to introduce at least one product each year. The first product to be introduced will be Paradise Mango Rum Liqueur, which has a unique marketing niche because unlike other mango-flavored rums that use artificial flavoring, Paradise Mango Rum Liqueur is made from tree-ripened Philippine mangoes and is the only all natural true mango-based adult beverage on the market.
Simultaneously with the release of Paradise Mango Rum Liqueur, Spirits of the South Pacific is also developing its own private label line of 5-year old and 12-year old traditional and flavored rums. These products have already undergone taste tests, bottles are ready, and labels are in the design phase. Once the labels have U.S. government approval, bottling will begin immediately. And meanwhile, the company is also in the concept phase of a high-end premium label line that will cater to the more indulgent consumer who seeks quality above cost. Once again, bottle design has been completed and the blends are underway. Private label lines of alcoholic beverage are projected to rise overall by 28% in the U.S. and Europe over the next five years, and industry executives expect to see even higher sales growth in the premium branded products.
The company's VP of Marketing and Distribution, and the man responsible for the marketing rollout is Henri Rombouts, an industry veteran with a business degree from the University of Phoenix who has also spent 16 years as a bartender and master mixologist and 14 more in sales and marketing. Mr. Rombouts is directly responsible for all aspects of sales, promotions and distribution, and has personally made direct contact with hundreds of bars, hotels and retailers. He was also instrumental in recruiting two additional key seasoned vets to his marketing team: Rick Frazier, an importer/distributor with 40+ years experience who helped build the Captain Morgan brand for Seagram's, and George Quitoriano, who before coming to Spirits of the South Pacific, logged years of experience for Harbor Distributing, Miller Brewing Company, 4 Seasons import-exports and his own importing company, LGI Trading.
In addition to using traditional marketing and distribution methods, Spirits of the South Pacific is also embarking on an aggressive campaign of celebrity and promotional events. Party-scene heavyweights, including film directors Quentin Tarantino and Robert Rodriguez, costume/props master Greg Nicotero, and other industry insiders have already sampled Paradise Mango Rum Liqueur and according to Mr. Rombouts the initial response has been "phenomenal." A full calendar of high profile events is being prepared and will be announced over the coming weeks and months.
About Liberty Diversified Holdings, Inc. and Spirits of the South Pacific
Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through growth of its subsidiaries as well as acquisitions, mergers and joint ventures. Spirits of the South Pacific is the registered trade name for H. Markoni LLC, which was acquired by Liberty Diversified Holdings, Inc. on August 31, 2007. H. Markoni, LLC was formed in 2006 to import and distribute alcoholic beverages into the United States. The company's initial focus is on the tropical libations market, particularly the hot-selling flavored white liquors and liqueurs, with plans to expand into a complete product line within the coming year. The company has already formed a strong multi-ethnic distribution network and established solid relationships with several foreign distilleries, including obtaining exclusive rights to import and distribute products in the U.S. from one of the world's oldest and most respected distilleries.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
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Liberty Diversified Holdings, Inc. Announces Marketing Alliance with Chinese Company and Intent to Open New Markets in China and Asia
Oct 8, 2007 08:30:00 (ET)
ORANGE, Calif., Oct 08, 2007 /PRNewswire-FirstCall via COMTEX/ -- Liberty Diversified Holdings, Inc. (Pink Sheets: LDHG) announced today that they have reached an agreement under which both Liberty and its subsidiary Spirits of the South Pacific will be represented in China and other Asian markets by Fastlink International Ltd. Fastlink will function as the key representative for both Liberty and Spirits of the South Pacific for the procurement of new products and subsidiaries in mainland China and Taiwan, and will also assist in the procurement of international licensees and distributors in several key European and Asian markets. Fastlink will also provide advisory and consulting services re: the translation and adaptation of both companies' marketing materials, websites and business systems to various Asian markets.
In response to these announcements, Ronald C. Touchard, Chairman and CEO of Liberty Diversified Holdings, Inc., stated, "We are very pleased to announce this marketing agreement with Fastlink International Ltd. I have known Mr. Raymond Chin, Fastlink's founder, for more than five years and can personally attest to his remarkable history of success in the Asian markets. This agreement will immediately strengthen Liberty's international presence and we fully expect this alliance to play an important role in our near-term growth projections, particularly in relation to our expansion plans into China and other Asian markets."
About Liberty Diversified Holdings, Inc. and Spirits of the South Pacific
Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through growth of its subsidiaries as well as acquisitions, mergers and joint ventures. Spirits of the South Pacific is the registered trade name for H. Markoni LLC, which was acquired by Liberty Diversified Holdings, Inc. on August 31, 2007. H. Markoni, LLC was formed in 2006 to import and distribute alcoholic beverages into the United States. The company's initial focus is on the tropical libations market, particularly the hot-selling flavored white liquors and liqueurs, with plans to expand into a complete product line within the coming year. The company has already formed a strong multi-ethnic distribution network and established solid relationships with several foreign distilleries, including obtaining exclusive rights to import and distribute products in the U.S. from one of the world's oldest and most respected distilleries.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward- looking statements whether as a result of new information, future events or otherwise.
SOURCE Liberty Diversified Holdings
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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Liberty Diversified Holdings, Inc. Spirits of the South Pacific to be an Official Sponsor at World Boxing Hall of Fame Induction Ceremonies
Oct 9, 2007 08:30:00 (ET)
ORANGE, Calif., Oct 09, 2007 /PRNewswire-FirstCall via COMTEX/ -- Liberty Diversified Holdings, Inc. (Pink Sheets: LDHG) announced today that its subsidiary Spirits of the South Pacific, Inc. has been selected as an official sponsor of the World Boxing Hall of Fame Induction Ceremonies to be held in Ontario, California on October 11, 12 and 13, 2007. The company will use this event to kick off its marketing and PR campaign to promote its new product, Paradise Mango Rum Liqueur. Both Spirits of the South Pacific and Paradise Mango Run Liqueur will be featured prominently in all pre-event and onsite press and promotional materials, and will also be highly visible at the event itself.
The 3-day event will include the 28th Annual Boxing Hall of Fame Banquet and Inductions on Thursday, October 11, followed by two full days of activities, fun and press events, many of which will be televised and covered by major TV, radio and press organizations. The World Boxing Hall of Fame is one of two recognized international boxing hall of fames, and previous inductees have included virtually every major name in the sport, several of whom will be in attendance at the event. This year's inductees include Larry Holmes, Gerald McClellan, Ricardo Lopez, Efren Torres and Alvaro Lopez.
In response to these announcements, Henri Rombouts, VP of Marketing and Distribution for Spirits of the South Pacific, stated, "We are very pleased to have been selected as an official sponsor of this event, and are looking forward to a long and successful association with Valdez Productions and the World Boxing Hall of Fame. Research shows, and our personal experience validates, that these types of promotional events are extremely effective ways to promote liquors, liqueurs and other beverages to a very important target audience. We intend to use this event, and many more like it, to aggressively introduce Paradise Mango Run Liqueur as well as future products to a whole new generation of consumers."
About Liberty Diversified Holdings, Inc. and Spirits of the South Pacific
Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through growth of its subsidiaries as well as acquisitions, mergers and joint ventures. Spirits of the South Pacific is the registered trade name for H. Markoni LLC, which was acquired by Liberty Diversified Holdings, Inc. on August 31, 2007. H. Markoni, LLC was formed in 2006 to import and distribute alcoholic beverages into the United States. The company's initial focus is on the tropical libations market, particularly the hot-selling flavored white liquors and liqueurs, with plans to expand into a complete product line within the coming year. The company has already formed a strong multi-ethnic distribution network and established solid relationships with several foreign distilleries, including obtaining exclusive rights to import and distribute products in the U.S. from one of the world's oldest and most respected distilleries.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward- looking statements whether as a result of new information, future events or otherwise.
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Liberty Diversified Holdings, Inc. Announces Rescission of Stock Exchange Agreement with H. Markoni, LLC.
Nov 13, 2007 14:28:00 (ET)
ORANGE, Calif., Nov 13, 2007 /PRNewswire-FirstCall via COMTEX/ -- Liberty Diversified Holdings, Inc. (Pink Sheets: LDHG) announced today that it has executed a Rescission of the Stock Exchange Agreement with H. Markoni, LLC effective immediately. The decision to terminate was mutual and amicable among the parties.
Commentary
Ron Touchard, Chairman and CEO of Liberty Diversified Holdings, Inc., commented, "We believe that the termination of the Stock Purchase Agreement between Liberty and H. Markoni is in the best interest of all parties and will allow Liberty to more aggressively pursue acquisitions and opportunities in market segments that provide faster growth. We are very excited about Liberty's future and anticipate making additional major announcements very soon. We also believe that H. Markoni, LLC remains a viable concept and we wish them great success."
About Liberty Diversified Holdings, Inc.
Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through acquisitions, mergers and joint ventures. For more information visit www.libertydiversifiedholdings.com or call (949) 376-4846.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward- looking statements whether as a result of new information, future events or otherwise.
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Related Quotes Sym. Price Chg. LDHG Trade News 0.0015 0.0003 Liberty Diversified Holdings, Inc. Signs Letter of Intent for Asset Purchases of Two Premium Water Companies
Nov 15, 2007 09:00:00 (ET)
ORANGE, Calif., Nov 15, 2007 /PRNewswire-FirstCall via COMTEX/ -- Liberty Diversified Holdings, Inc. (Pink Sheets: LDHG) announced today that it has signed a Letter of Intent to acquire of the assets of two premium water companies. These assets include the manufacturing and distribution rights to a proven line of premium bottled water products and a patent for the organic cold-fill processing of nutrient-enhanced bottled water beverages that contain no calories, no carbohydrates, no colors and most importantly, no flavors other than pure water. This concept is unique because no other producer adds organic nutrients without also adding masking flavors, colors or sweeteners. Upon completion of the final agreements, Liberty Diversified Holdings, Inc. will also announce a new Board of Directors and a new corporate direction and will change its name to a new name that is reflective of its entry into the premium enhanced bottled water business. The final agreements are expected to be signed within the next 7 days and the name change will become effective approximately two weeks after the final agreements are signed. The company will then immediately gear up to begin marketing its line of nutrient-enhanced water products.
Commentary
In response to this announcement, Ronald C. Touchard, Chairman and CEO of Liberty Diversified Holdings, Inc., commented, "We are very pleased to announce our intent to acquire 100% of the assets of these two water companies, which when combined will provide everything we need to become a major player in the premium bottled water industry including patented technology, a developed product line, manufacturing capacity, distribution and marketing. The Founder and current CEO of these water companies will become the new CEO of the public company, and the key members of his current staff will join the executive team, bringing with them a combined 70+ years of experience in the bottled water industry. We are very excited about the future of this company as we transition into our new structure and business. We believe that the actions announced today will bring a much greater value to the company and all of its stockholders than our prior business model had been able to generate. This acquisition will give us immediate entry into the fast-growing and lucrative premium bottled water industry with a highly marketable product line of nutrient-enhanced water products that are similar to but more advanced and sophisticated than current products such as SmartWater and VitaminWater."
About Liberty Diversified Holdings, Inc.
Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through acquisitions, mergers and joint ventures. For more information visit http://www.libertydiversifiedholdings.com or call (949) 376-4846.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
Related Quotes Sym. Price Chg. LDHG Trade News 0.0049 0.0014 Liberty Diversified Holdings, Inc. Clarifies Plans for Acquisition of Assets of Two Water Companies and Announces Intent to Refocus Its Corporate Direction Exclusively on Premium Bottled Water Industry
Nov 19, 2007 09:50:00 (ET)
ORANGE, Calif., Nov 19, 2007 /PRNewswire-FirstCall via COMTEX/ -- Liberty Diversified Holdings, Inc. (Pink Sheets: LDHG) has issued a statement of clarification regarding a recent press release in which it announced its intention to enter the premium bottled water business. Ronald C. Touchard, Liberty's Chairman and CEO, stated the following, "Over the past few days we have received a large number of inquiries regarding last week's press release in which we announced that we have signed a Letter of Intent to acquire of the assets of two premium water companies. The comments we have received from both our existing stockholders and from the market at large have been overwhelmingly enthusiastic, and also indicated that further clarification was needed to explain the purpose and strategy behind these actions."
"We want to make it clear that upon completion of these acquisitions, Liberty intends to devote 100% of its efforts toward becoming a major player in the premium bottled water industry, with an initial focus on a full line of nutrient-enhanced water products including those enhanced to provided vitamin support for general health, a diet formulation for weight watchers, an immune booster, and an energy and fitness drink. This line of bottled water beverages stands apart from all others in that they are the only nutritional water formulations that contain no calories, no carbohydrates, no colors and most importantly, no flavors other than pure water. Furthermore, these beverages are created using a superior patented process, these products have already been successfully beta tested, and judging by Coca-Cola's recent $4.2 billion buyout of VitaminWater, today's market appears to be quite thirsty for pure and organic healthy water products."
"We also want to make clear that upon completion of the final agreements there will be a change of control of the company as well as a change in the company's corporate structure. A new Board of Directors will be formed and the Executive Team currently running the target companies whose assets we will purchase will assume those same positions at Liberty. These executives are seasoned veterans in every aspect of the water business and have developed water companies around the globe, including Hawaii, Micronesia, Indonesia, the Philippines, Israel, Egypt, Germany, and several companies in the U.S., and we are very confident that they can provide the leadership and direction needed to help our company become the next huge success in this industry. Our current officers and Board Members will also remain with the company in a limited capacity, to assure a smooth transition and provide a modicum of continuity into the foreseeable future. We expect to finalize these acquisition within the next few days and additional details will be made available at that time. Needless to say, we are very excited about our new direction and anticipate a fast transition and a speedy entry into this dynamic new market."
About Liberty Diversified Holdings, Inc.
Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through acquisitions, mergers and joint ventures. For more information visit http://www.libertydiversifiedholdings.com or call (949) 376-4846.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
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LDHG: 0.0028 - dip before the run. Great R/M play.
press release
Liberty Diversified Holdings, Inc. Acquisition of Assets of Two Water Companies on Target; Expects to Sign Final Agreement Within Next Few Days
ORANGE, Calif., Dec. 6 /PRNewswire-FirstCall/ Liberty Diversified Holdings, Inc. (Pink Sheets: LDHG) announced today that its' planned acquisition of two premium bottled water companies remains on target and is expected to be completed within the next few days. The company had originally intended to conclude the acquisitions by late November, but the finalization of the agreement has been delayed a few days to make final adjustments to the documents. In releasing this announcement, Ronald C. Touchard, Liberty's Chairman and CEO, stated, "We felt it was important to let people know that the brief delay we have experienced in finalizing these acquisitions is simply a result of holiday schedules and getting all the parties involved together to complete the paper work, as is often typical in these types of situations. We have a firm meeting of the minds and all parties remain 100% committed to the deal and are working on the final documents as we speak. We expect to finalize the acquisitions within the next few days and then to immediately move into action with our new corporate strategy and direction. We will release another statement as soon as the deal is finalized and we expect to be releasing a lot more news over the coming weeks and months."
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The deal is delayed, and some investors get frustrated and sell their shares. It's a good time to get in for next week. This stock got R/S in August, and a run is due. The dilution will occur after the run, but they will let her run and raise the pps first.
**** Posted by: Howardhaftel In reply to: None Date:12/6/2007 1:29:04 PM Post #of 1563
Just received a call back from a secretary of Ron Touchard and they were delayed but are back on track and this should be wrapped up next week. So hang on to you hats for the ride people
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Related Quotes Sym. Price Chg. LDHG Trade News 0.0027 -0.0006 Liberty Diversified Holdings, Inc. Acquisition of Assets of Two Water Companies on Target; Expects to Sign Final Agreement Within Next Few Days
Dec 6, 2007 08:30:00 (ET)
ORANGE, Calif., Dec 06, 2007 /PRNewswire via COMTEX/ -- ORANGE, Calif., Dec. 6 /PRNewswire-FirstCall/ Liberty Diversified Holdings, Inc. (Pink Sheets: LDHG) announced today that its' planned acquisition of two premium bottled water companies remains on target and is expected to be completed within the next few days. The company had originally intended to conclude the acquisitions by late November, but the finalization of the agreement has been delayed a few days to make final adjustments to the documents. In releasing this announcement, Ronald C. Touchard, Liberty's Chairman and CEO, stated, "We felt it was important to let people know that the brief delay we have experienced in finalizing these acquisitions is simply a result of holiday schedules and getting all the parties involved together to complete the paper work, as is often typical in these types of situations. We have a firm meeting of the minds and all parties remain 100% committed to the deal and are working on the final documents as we speak. We expect to finalize the acquisitions within the next few days and then to immediately move into action with our new corporate strategy and direction. We will release another statement as soon as the deal is finalized and we expect to be releasing a lot more news over the coming weeks and months."
About Liberty Diversified Holdings, Inc.
Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through acquisitions, mergers and joint ventures. For more information visit http://www.libertydiversifiedholdings.com or call (949) 376-4846.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
Posted by: bagfull In reply to: None Date:12/10/2007 4:32:36 PM Post #of 1752
Meeting at 2.15 to sign the agreement as per CEO. Spoke to Ron in detail about everything at 1.15 eastern time today . PR expected tommorrow morning if the agreement is signed today. Today's 9.00 am meeting was postponed due to non availability of an attorney on the side of the other company.
Ron to transfer power to new CEO in two weeks time if the agreement is complete. All th above as per CEO.
He also conformed that there is no dilution / RS / Selling by him or company at this time. He expects great news to come in next few weeks and hope the share prices to go much higher.
He si very optimistic about the new CEO and for the existing shareholders. GL to all.
I might get in back in this PPS tommorrow once i see the PR.
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who needs anything else but astroglide or KY..go ask Danny and bilg, they'll tell ya how great it is lol, they cant get enough of the product..this company is hilarious..from cellulite machine to KY rip off, wow..only on the penny i guess. Jim i salute you for playing this one..GL..I hope this lubricant changes the world.. well, I guess if it goes bad theres pleny of lube around to make it easier for the shaft, lol..
Personal lubrication is a $130 million-a-year industry in the United States. Kehoe said it is growing at 8 percent per year and is dominated by a handful of products such as K-Y and Astroglide. But it's not a subject many people feel comfortable talking about, and so far marketing has been subtle.
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0.0024 - up 20%. *** Big boys and girls are coming to town:
****** Time & Sales Price Size Exch Time 0.0024 50000 OTO 09:57:07 0.0024 50000 OTO 09:57:04 0.0024 50000 OTO 09:56:57 0.0024 300000 OTO 09:44:33 0.0023 300000 OTO 09:44:10 0.0022 400000 OTO 09:42:29 0.0022 450000 OTO 09:39:22 0.0022 500000 OTO 09:37:22 0.0022 50000 OTO 09:37:06 0.002 50000 OTO 09:31:56 0.002 1000000 OTO 09:31:47 0.002 1000000 OTO 09:31:32 0.002 10099 OTO 09:30:02
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Liberty Diversified Holdings, Inc. Finalizes Agreement to Purchase Assets of XND Technologies, Inc. Wednesday December 12, 3:56 pm ET
ORANGE, Calif., Dec. 12 /PRNewswire-FirstCall/ -- Liberty Diversified Holdings, Inc. (Pink Sheets: LDHG - News) announced today that it has acquired 100% of the assets of XND Technologies, Inc. (XND), an Arizona corporation, including all of its proprietary formulations, patents and trade marks, and its existing production and distribution systems, for stock. This acquisition signals Liberty's entry into the highly lucrative premium bottled water industry and will also result in a change in control of the company. Further details will be released tomorrow.
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Related Quotes Sym. Price Chg. LDHG Trade News 0.0025 0.0005 Liberty Diversified Holdings, Inc. Finalizes Agreement to Purchase Assets of XND Technologies, Inc.
Dec 12, 2007 15:56:00 (ET)
ORANGE, Calif., Dec 12, 2007 /PRNewswire-FirstCall via COMTEX/ -- Liberty Diversified Holdings, Inc. (Pink Sheets: LDHG) announced today that it has acquired 100% of the assets of XND Technologies, Inc. (XND), an Arizona corporation, including all of its proprietary formulations, patents and trade marks, and its existing production and distribution systems, for stock. This acquisition signals Liberty's entry into the highly lucrative premium bottled water industry and will also result in a change in control of the company. Further details will be released tomorrow.
For more information, call (949) 376-4846 or visit www.libertydiversifiedholdings.com (a new website reflecting the company's new name will be released shortly).
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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