PRVH mit guter Meldung !! Der nächste Verdoppler ? - 500 Beiträge pro Seite

[Mario12]

LOS ANGELES--(BUSINESS WIRE)--Aug. 23, 2005
Providential Holdings, Inc. (OTCBB:PRVH)(Berlin and
Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of
international advisory services specializing in mergers and
acquisitions, announced today that its majority-owned subsidiary
Touchlink Communications, Inc. has terminated the previously announced
letter of intent with Eye Telecom, Inc., and has entered into a
business partnering agreement with Fareast Connect, Inc., a California
corporation.
According to the agreement, Fareast Connect will invest an amount
of cash equivalent to 49% of Touchlink`s fully-funded operating budget
in exchange for 49% of Touchlink common stock. In addition, Touchlink
will serve as the most-favored service provider for Fareast Connect,
which currently operates in the area of wholesale phone cards. Since
Fareast Connect`s current monthly revenues are in excess of $1.5
million, Touchlink`s total revenues are expected to exceed $2.5
million per month after the first six months of cooperation.
Touchlink`s Board of Directors has also appointed Don Tran, Eye
Telecom`s former Vice President and Chief Technology Officer, as its
new President and CEO.
Nancy Tran, President of Fareast Connect, commented: " We are very
pleased to partner with Touchlink Communications and Providential
Holdings. From a strong base Fareast Connect has built over the years,
we will be able to capitalize on the combined resources and expertise
to grow Touchlink to new heights and create greater value for
shareholders of both companies."
Don Tran, the incoming President of Touchlink Communications,
stated: " We will utilize the latest technologies and a Tier-One
carrier`s service quality to serve our customers and provide the
telecommunication industry with the highest standards in services,
products, and exceptional customer service."

About Providential Holdings, Inc.

Providential Holdings and its subsidiaries engage in a number of
diverse business activities, the most important of which are M&A
advisory services and international markets. The Company acquires and
consolidates special opportunities in selective high-growth industries
to create additional value, acts as an incubator for emerging
companies and technologies, and provides financial consultancy and M&A
advisory services to U.S. and foreign companies. For more information
on Providential Holdings and its subsidiaries, visit
http://www.phiglobal.com.

This news release contains forward-looking statements that are
subject to certain risks and uncertainties that may cause actual
results to differ materially from those projected on the basis of such
forward-looking statements. Such forward-looking statements are made
based upon management`s beliefs, as well as assumptions made by, and
information currently available to, management pursuant to the
" safe-harbor" provisions of the Private Securities Litigation Reform
Act of 1995.

CONTACT:
Providential Holdings, Inc.
Henry Fahman, 714-843-5450, ext. 5455
[e-mail]
or
Fareast Connect, Inc.
Nancy Tran, 714-901-2020
[e-mail]
-0- Aug/23/2005 6:00 GMT

[brokersvenja007]

sehr gut so, die letzten Tage kommen immer mehr gute Nachrichten. sollen die den Laden doch noch in schwung bekommen?

würde mich freuen
grüße
svenja

[Opla]

[posting]17.657.324 von brokersvenja007 am 23.08.05 16:52:59[/posting]Jetzt sag nicht du hast PRVH auf deiner Watchlist...dann würde ich sagen...willkommen.

[brokersvenja007]

[posting]17.657.443 von Opla am 23.08.05 16:58:40[/posting]und nicht nur auf meiner watchliste....

bei prvh ist die letzten Jahre/monate viel falsch gelaufen.....aber die letzten meldungen, die ganze art und weise der letzten woche macht mir mut und hat mich zu einem invest motiviert.
ich halte 150k, nicht endlos viel, aber immerhin.

ich denke, dass bei weiterem guten news-flow wir noch einiges erwarten können. boden bei 0,032-0,035 gefunden.
in amerika bei 0,04

grüße
svenja

[Opla]

[posting]17.657.552 von brokersvenja007 am 23.08.05 17:04:09[/posting]Meine Rede...

Schön das du dabei bist.