Marshall Holdings Announces Two Million Dollar Funding Agreement
Thursday , November 08, 2007 17:30ET
LAS VEGAS, Nov 08, 2007 (BUSINESS WIRE) -- Marshall Holdings International, Inc. (OTCBB: MHII) President's Update
The Company announced that it has come to terms with CAMOFI Master LDC ("Secured Party"), D. L. Claire Capital, Inc., a Delaware corporation with its principal business address at 60 East 42nd Street, Suite 3405, New York, New York 10165, to attain funding for the continued expansion of its product line and sales. The funding is for up to two million dollars which will be in phases based on performance. The initial phase has been approved and processed for $650,000.
Rick Bailey, President / CEO, said, "This funding allows us to expand our business both in the USA and globally. We have signed contracts to introduce our products to several countries and signed agreements to feature our products on global websites."
About Marshall Holdings International, Inc:
The principal activity of Marshall Holdings (MHII) is to distribute whole food nutrition, health and dietary supplements through our internet sales, Distributors, and over 3500 health food stores. The product line has over 6,000 products, which includes top brands such as Natures Way, and Dr. Christopher, and Twin Labs.
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results that MHII may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
SOURCE: Marshall Holdings International, Inc.
Marshall Holdings International, Inc. Rick Bailey, 1-702-317-2400
Copyright Business Wire 2007
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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This is good news, this stock price should rise. They have been profitable over the past few quarters,and this should stop the diluting IMO.
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Marshall Holdings Announces Two Million Dollar Funding Agreement 9:00 AM EST November 9, 2007 LAS VEGAS--(BUSINESS WIRE)--
Marshall Holdings International, Inc. (OTCBB:MHII) announced that it has come to terms with CAMOFI Master LDC ("Secured Party"), D. L. Claire Capital, Inc., a Delaware corporation with its principal business address at 60 East 42nd Street, Suite 3405, New York, New York 10165 to attain funding for the continued expansion of it product line and sales. The funding is for up to two million dollars which will be in phases based on performance. The initial phase has been approved and processed for $650,000.
Rick Bailey, President / CEO, said, "This allows us to expand our business both in the USA and globally. We have signed contracts to introduce our products to several countries and signed agreements to feature our products on global websites. It will definitely strengthen our position in our industry and allow growth to take place. The Company also has extended its contract agreement with PT. Mahakam Beta Farma for an additional three years and will triple our sales of our product Body Gard. In addition, PT. Mahakam Farma has completed Clinical trials on Body Gard."
About Marshall Holdings International, Inc:
The principal activity of Marshall Holdings (MHII) is to distribute whole food nutrition, health and dietary supplements through our internet sales, Distributors, and over 3500 health food stores. The product line has over 6,000 products, which includes top brands such as Natures Way, and Dr. Christopher, and Twin Labs.
Additional information can be found at: www.marshalldc.com or www.mhii.net or www.worldhealthdepot.com FORWARD-LOOKING SAFE HARBOR STATEMENT A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results that MHII may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Source: Marshall Holdings International, Inc.
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;) Posts: 936 | From: Virginia | Registered: Aug 2007
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