|
schon wieder news: Press Release Source: MicroHoldings US, Inc. MicroHoldings US, Inc. Signs Letter of Intent to Acquire Second Telecommunications Company in Germany Thursday April 12, 6:00 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 a second German company, GDS Global Destination Services, GmbH, an established provider of international carrier services. The acquisition of GDS is dependent on the Parties completing due diligence and executing a Final Agreement. ADVERTISEMENT Earlier this week, MHUS announced an LOI to acquire Merkur Telekom, a German provider of prepaid calling services. Although distinct in the types of services they provide, Merkur and GDS are sister companies, and the Parties agreed today to pursue an acquisition of both German companies. According to unaudited financials, GDS produced more than 2.5 million Euros, or $3.36 million US, in gross revenues for 2006. "The acquisition of GDS provides us with a base of profitable operations on which to launch our new services in the European markets," stated Joe Putegnat, Director of Operations for MHUS. "After discussions, we all decided it was in our best interests to acquire both entities. In fact, both companies give us combined and complementary revenues of nearly $7 million per year. We are excited to bring both companies online with MHUS." MHUS also owns the subsidiary XChangeTel, a provider of international calling services based in San Diego, California. More information on 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; or 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. |
|
| aus der Diskussion: | MICROHOLDINGS - Jetzt von denTiefstkursen profitieren - kein Reverse-Split geplant |
| Autor (Datum des Eintrages): | itsSHOWTIME (12.04.07 12:05:56) |
| Beitrag: | 27 von 79 (ID:28773932) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |