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Das sollte dem Kurs endlich mal wieder Auftrieb geben!
Release Source: Centrex, Inc.
MicroHoldings US, Inc. (Formerly Centrex Inc.) Acquires 40% of MicroCars, Ltd., a Sri Lankan Manufacturer of Automobiles
Monday January 8, 9:50 am ET
SAN DIEGO--(BUSINESS WIRE)--MicroHoldings US, Inc. (Pink Sheets:CTXI - News) today announced that it has signed an agreement to acquire a 40% equity stake in MicroCars, Ltd. Micro Cars is an 11-year-old company that has successfully designed and operated an automobile manufacturing and assembly facility in Sri Lanka. The transaction requires MicroHoldings US (Holdings) to pay $300,000 in cash over the next six months to MicroCars. Shareholders of MicroCars will also receive warrants in Holdings, exercisable after two years.
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Established in 1995, MicroCars, Ltd. is the only automobile manufacturer in Sri Lanka, and offers a unique, cost effective system for assembling quality cars using local labor and available local materials. Created by Dr. Lawrence Perera, previously an engineer at BMW and Volkswagen, MicroCars features a line of vehicles that includes a sedan, a coupe, a minivan and a four wheel drive pickup truck.
Stated Jeffrey Flannery, CEO of MicroHoldings US, Inc., "The decision by both Parties to take this step was the result of working together for over a year and seeing the benefit of establishing a closer working relationship. MicroCars has achieved a high level of success in Sri Lanka and has a lot of room to grow in the coming years. At the same time, its unique manufacturing and assembly operation is a model that we believe can be successfully replicated in other developing countries. We look forward to helping MicroCars expand and succeed in both Sri Lanka and around the world."
Release Source: Centrex, Inc.
MicroHoldings US, Inc. (Formerly Centrex Inc.) Acquires 40% of MicroCars, Ltd., a Sri Lankan Manufacturer of Automobiles
Monday January 8, 9:50 am ET
SAN DIEGO--(BUSINESS WIRE)--MicroHoldings US, Inc. (Pink Sheets:CTXI - News) today announced that it has signed an agreement to acquire a 40% equity stake in MicroCars, Ltd. Micro Cars is an 11-year-old company that has successfully designed and operated an automobile manufacturing and assembly facility in Sri Lanka. The transaction requires MicroHoldings US (Holdings) to pay $300,000 in cash over the next six months to MicroCars. Shareholders of MicroCars will also receive warrants in Holdings, exercisable after two years.
ADVERTISEMENT
Established in 1995, MicroCars, Ltd. is the only automobile manufacturer in Sri Lanka, and offers a unique, cost effective system for assembling quality cars using local labor and available local materials. Created by Dr. Lawrence Perera, previously an engineer at BMW and Volkswagen, MicroCars features a line of vehicles that includes a sedan, a coupe, a minivan and a four wheel drive pickup truck.
Stated Jeffrey Flannery, CEO of MicroHoldings US, Inc., "The decision by both Parties to take this step was the result of working together for over a year and seeing the benefit of establishing a closer working relationship. MicroCars has achieved a high level of success in Sri Lanka and has a lot of room to grow in the coming years. At the same time, its unique manufacturing and assembly operation is a model that we believe can be successfully replicated in other developing countries. We look forward to helping MicroCars expand and succeed in both Sri Lanka and around the world."
Super MergerNews! Der Kurs wir sich noch stark nach oben bewegen!
Antwort auf Beitrag Nr.: 26.772.043 von Schnatzi am 08.01.07 17:30:38Der Chart passt jetzt auch wieder
RT 16
Hier geht`s zu den NEWS von der Noch-Centrex:
http://www.otcbb.com/asp/quote_module.asp?qm_page=46795&symb…
http://www.otcbb.com/asp/quote_module.asp?qm_page=46795&symb…
Antwort auf Beitrag Nr.: 26.772.310 von SlayGrosswildjaeger am 08.01.07 17:40:46ich glaub ich seh nicht recht, welche Platbirne Bitch ist so hyperintelligent und macht nen Thread auf, absolut zum kotzen, manchen haben sie doch ins Gehirn geschissen, unglaublich!!!
Slay, ich komm jetzt zu dir und lade dich zum fett saufen ein, für unsere Nerven!!!!!!
Slay, ich komm jetzt zu dir und lade dich zum fett saufen ein, für unsere Nerven!!!!!!
Antwort auf Beitrag Nr.: 26.772.426 von midnight_1 am 08.01.07 17:44:48Unglaublich!! ..dachte auch erst: "GIBT`S DOCH GAR NICHT!!"
..aber da die REVERSEMERGERNEWS von HEUTE so GEIL ist, sollte es nicht allzu schädlich sein, dass ein neuer Thread aufgemacht wurde, HOFFE ICH ZUMINDEST!!!
..aber da die REVERSEMERGERNEWS von HEUTE so GEIL ist, sollte es nicht allzu schädlich sein, dass ein neuer Thread aufgemacht wurde, HOFFE ICH ZUMINDEST!!!
Antwort auf Beitrag Nr.: 26.772.571 von SlayGrosswildjaeger am 08.01.07 17:50:08Toll, die WO Leute schmeißen doch schon bei 20 % Gewinn, und ab 5 % Minus bricht Panik aus, echt klasse!!!!!
Antwort auf Beitrag Nr.: 26.772.631 von midnight_1 am 08.01.07 17:52:24ruhig Blut alter. Laß die bei 20% schmeißen.
Die kafen dann wenn ctxi 200% schon gestiegen ist wieder ein
Die kafen dann wenn ctxi 200% schon gestiegen ist wieder ein
CTXI - ISIN: US15640E2028 - STRONGEST BUY - m.M.!
NEUES TAGESHOCH 0,0017!!
Volume: 84,197,364
Volume: 84,197,364
..gleich fällt die 0,0018!?
January 8, 2007 - 9:50 AM EST
MicroHoldings US, Inc. (Formerly Centrex Inc.) Acquires 40% of MicroCars, Ltd., a Sri Lankan Manufacturer of Automobiles
MicroHoldings US, Inc. (Pink Sheets:CTXI) today announced that it has signed an agreement to acquire a 40% equity stake in MicroCars, Ltd. Micro Cars is an 11-year-old company that has successfully designed and operated an automobile manufacturing and assembly facility in Sri Lanka. The transaction requires MicroHoldings US (Holdings) to pay $300,000 in cash over the next six months to MicroCars. Shareholders of MicroCars will also receive warrants in Holdings, exercisable after two years.
Established in 1995, MicroCars, Ltd. is the only automobile manufacturer in Sri Lanka, and offers a unique, cost effective system for assembling quality cars using local labor and available local materials. Created by Dr. Lawrence Perera, previously an engineer at BMW and Volkswagen, MicroCars features a line of vehicles that includes a sedan, a coupe, a minivan and a four wheel drive pickup truck.
Stated Jeffrey Flannery, CEO of MicroHoldings US, Inc., "The decision by both Parties to take this step was the result of working together for over a year and seeing the benefit of establishing a closer working relationship. MicroCars has achieved a high level of success in Sri Lanka and has a lot of room to grow in the coming years. At the same time, its unique manufacturing and assembly operation is a model that we believe can be successfully replicated in other developing countries. We look forward to helping MicroCars expand and succeed in both Sri Lanka and around the world."
Holdings previously acquired a subsidiary of MicroCars, MicroCars International, which gave Holdings the international licensing rights to foreign car and plant sales. This new agreement supersedes that previous agreement, formalizing those international rights and providing Holdings with the 40% equity position in MicroCars in exchange for the cash payments. Holdings management has indicated that the cash payments for this transaction will come from private investors.
The Micro Cars facility is labor intensive unlike US and Western plants that rely on expensive automation and robots. The system was designed for countries such as Sri Lanka where low labor rates can be matched with a need for high quality, inexpensive vehicles. According to figures released by MicroCars, the plant is currently producing about 35 to 40 cars per months and has the capability to produce as many as 600 per month. The MicroCars sedan and coupe sell for about $5,000 each. The Minivans sell in Sri Lanka for about $10,000. The company also assembles a SUV under license to the Korean car maker Sanyan and sells that vehicle for about $40,000 per unit.
More information on the MicroHoldings US, Inc. can be found at www.microholdings-us.com. Information on MicroCars, Ltd. can be found at www.microcars.lk.
MicroHoldings US, Inc. (Formerly Centrex Inc.) Acquires 40% of MicroCars, Ltd., a Sri Lankan Manufacturer of Automobiles
MicroHoldings US, Inc. (Pink Sheets:CTXI) today announced that it has signed an agreement to acquire a 40% equity stake in MicroCars, Ltd. Micro Cars is an 11-year-old company that has successfully designed and operated an automobile manufacturing and assembly facility in Sri Lanka. The transaction requires MicroHoldings US (Holdings) to pay $300,000 in cash over the next six months to MicroCars. Shareholders of MicroCars will also receive warrants in Holdings, exercisable after two years.
Established in 1995, MicroCars, Ltd. is the only automobile manufacturer in Sri Lanka, and offers a unique, cost effective system for assembling quality cars using local labor and available local materials. Created by Dr. Lawrence Perera, previously an engineer at BMW and Volkswagen, MicroCars features a line of vehicles that includes a sedan, a coupe, a minivan and a four wheel drive pickup truck.
Stated Jeffrey Flannery, CEO of MicroHoldings US, Inc., "The decision by both Parties to take this step was the result of working together for over a year and seeing the benefit of establishing a closer working relationship. MicroCars has achieved a high level of success in Sri Lanka and has a lot of room to grow in the coming years. At the same time, its unique manufacturing and assembly operation is a model that we believe can be successfully replicated in other developing countries. We look forward to helping MicroCars expand and succeed in both Sri Lanka and around the world."
Holdings previously acquired a subsidiary of MicroCars, MicroCars International, which gave Holdings the international licensing rights to foreign car and plant sales. This new agreement supersedes that previous agreement, formalizing those international rights and providing Holdings with the 40% equity position in MicroCars in exchange for the cash payments. Holdings management has indicated that the cash payments for this transaction will come from private investors.
The Micro Cars facility is labor intensive unlike US and Western plants that rely on expensive automation and robots. The system was designed for countries such as Sri Lanka where low labor rates can be matched with a need for high quality, inexpensive vehicles. According to figures released by MicroCars, the plant is currently producing about 35 to 40 cars per months and has the capability to produce as many as 600 per month. The MicroCars sedan and coupe sell for about $5,000 each. The Minivans sell in Sri Lanka for about $10,000. The company also assembles a SUV under license to the Korean car maker Sanyan and sells that vehicle for about $40,000 per unit.
More information on the MicroHoldings US, Inc. can be found at www.microholdings-us.com. Information on MicroCars, Ltd. can be found at www.microcars.lk.
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