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die party beginnt und (noch) interessiert es nur mich: MicroHoldings US, Inc. Signs Letter of Intent to Acquire German Telecommunications Company Tuesday April 10, 9:45 am ET SAN DIEGO--(BUSINESS WIRE)--MicroHoldings US, Inc. (Pink Sheets:MHUS - News) today announced that it has signed a nonbinding letter of intent to acquire the German telecommunications company, Merkur Telekom AG. Merkur is a provider of prepaid and international calling services. According to unaudited financials, the German company produced more than 2 million Euros, or $2.67 million, in gross revenue for 2006 and posted a profit of about 200 thousand Euros or $267 thousand US. The acquisition of Merkur is dependent on the parties completing due diligence and executing a Final Agreement. ADVERTISEMENT "The acquisition of Merkur gives MHUS a solid partner in the European market," states Joe Putegnat, Director of Operations for MHUS. "We hope to add their capabilities and expertise to ours as we continue to grow our company into what we hope will be a major competitor in the telecom industry." MHUS also owns the subsidiary, XChangeTel, a provider of international calling services based in San Diego, California. XChangeTel was founded by Joseph Putegnat, an experienced telecom industry entrepreneur and pioneer in the development of VoIP wholesale carrier sales. More information on the MicroHoldings US, Inc. can be found at www.microholdings-us.com. Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of MHUS are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future MHUS actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and MHUS has no specific intention to update these statements. Contact: MicroHoldings US, Inc. Jeff Flannery, (619) 342-8096 -------------------------------------------------------------------------------- Source: MicroHoldings US, Inc. |
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| aus der Diskussion: | MICROHOLDINGS - Jetzt von denTiefstkursen profitieren - kein Reverse-Split geplant |
| Autor (Datum des Eintrages): | itsSHOWTIME (10.04.07 16:29:51) |
| Beitrag: | 8 von 79 (ID:28741936) |
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